The Fund, which was oversubscribed, received strong support from both existing and new investors, including state pension funds, sovereign wealth funds, family offices, endowments, and foundations.
Trestle Partners (“Trestle”), a New York-based private investment firm that specializes in partnering with pre-Series A enterprise software entrepreneurs and founders, today announced it completed fundraising for its inaugural fund, Trestle Partners I, L.P. (the “Fund”), reaching the hard cap of $30 million.
FirstEnergy Corp. and Ohio both need to clean up their acts — to restore investor trust, on the one hand, and voter trust, on the other. For Ohio officials, that means no more stalling on House Bill 6 repeal, dark-money reform and more unbiased utility regulation, writes the editorial board.
As GoLocal reported earlier in February, the Providence pension fund underperformed in 2020 and one investment in particular adversely impacted the performance of one of the funds investment in a hedge fund.
Golub Capital has opened up a new front in the legal battle against Dyal Capital’s merger with Owl Rock, as opposition stiffens to the deal that would create a new investing heavyweight.
Buoyed by rising stock markets, the Arkansas Teacher Retirement System’s investments rose in value by $2 billion last quarter to $19.4 billion, according to the latest report from its investment consultant.
The U.S. Securities and Exchange Commission should begin using its authority to mandate climate-related disclosures in order to address climate-related risks to investors, the economy, and the public.
“Now is not the time to add even more to taxpayers’ burden,” the mayor wrote, adding that the bill would mean “raising taxes on Chicagoans now and in the future.”
Wilshire Phoenix, a leader of innovation in the financial services industry, announces the debut of the Wilshire wShares Enhanced Gold Trust (NYSE Arca: WGLD). WGLD tracks the Wilshire Gold Index, which seeks to outperform a stand-alone investment in gold and reduce its volatility without the use of any futures, leverage, or derivatives.