A Northeastern town is searching for an outsourced cio to manage its OPEB trust fund.

A New England pension plan is searching for an investment advisor.

A Texan city has chosen a firm to help manage its general investment portfolio.

He will work closely with Cerberus’ investment platforms, operations affiliates and portfolio companies to drive long-term value, the firm said.

The downgrades are driven by changes to Fitch’s rating criteria for closed-end funds (CEFs), rather than by any fundamental changes to the fund’s credit profile.

After years of idle threats, Washington is talking seriously about ending the tax break that has helped private equity become one of the most lucrative corners of U.S. finance.