Mnuchin’s Private Equity Fund Raises $2.5 Billion

The former Treasury secretary has attracted investment from Saudi Arabia’s sovereign wealth fund.

Top U.S. Officials Consulted With BlackRock as Markets Melted Down

The world’s largest asset manager was central to the pandemic crisis response. Emails and calendar records underscore that critical role.

Private Inequity: How a Powerful Industry Conquered the Tax System

The I.R.S. almost never audits private equity firms, even as whistle-blowers have filed claims alleging illegal tax avoidance.