Reverence Capital Partners announced the final closing of Reverence Capital Opportunities Fund II at its hard cap of $1.2 billion in capital commitments, exceeding its target of $750 million.
Milliman analysis: Public pension funding ratio hits three-year high in Q4 2019 at 74.9%, but February’s market volatility will likely erase some of those gains in Q1 2020.
Women are gaining more seats in the corporate boardroom, a movement that figures to gain steam from fresh strategies like a new California law and the clout wielded by financial heavyweights such as Goldman Sachs.
A Midwestern pension plan has invested directly in two domestic fixed-income emerging managers while formally terminating its relationship with manager-of-managers Progress Investment Management Company.