CMC Capital Partners announced today that it has recently raised more than $950 million in commitments for its third US dollar private equity fund, CMC Capital Partners III, well surpassing its original target fund size.
Franklin Templeton today announced the introduction of Franklin Focused Growth Fund, which seeks capital appreciation by investing in a concentrated portfolio of approximately 20 to 50 growth stocks that the investment manager believes show favorable growth, quality and valuation characteristics versus the broader market.
Illinois Gov. J.B. Pritzker previously floated a pension plan that included pawning-off state assets, taking on more high-interest debt and reducing pension funding before walking back the plan amid criticism. Here’s a real solution.