The practice of companies sending monthly retirement checks to their former workers is headed for extinction, and remaining pension funds are in tough financial shape.
Global alternative asset manager announced today that it completed the final close for Multi-Asset Class Fund II at the high end of its targeted capital raise with $983 million in committed capital.
Parthenon Investors VI, LP held its first and final closing with more than $2.0 billion in commitments, exceeding its initial fund target of $1.5 billion.