Ravenscroft’s Mark Harries has joined Square Mile under the newly-created role of chief investment officer, Investment Week can reveal.

The lack of in-person meetings did not dampen interest in smaller firms, which are putting themselves out there through Zoom.

He will manage relationships with existing investors and attract new investors and coordinate strategic business development.

One began on April 5, while the other joins on May 10.

“The legislation is credit negative for the city of Chicago,” said the advisory from Moody’s Investors Service, “because it will cause the city’s reported unfunded pension liabilities, and thus its annual contribution requirements, to rise.”

Here’s a breakdown of the issues facing the $62 billion pension fund for teachers. They include a botched figure for financial performance and FBI questions and subpoenas.