Credit-ratings firms have issued a wave of downgrades for corporate and government bonds as they reassess the ability of borrowers to repay their obligations amid the coronavirus slowdown.
Churchill Asset Management today announced that it has completed fundraising for Churchill Middle Market Senior Loan Fund II (and related investment vehicles) with $2 billion in limited partner commitments, exceeding its original target of $1 billion.
Fundamental environmental, social, governance research will offer clients multi-dimensional analysis of ESG performance for companies under coverage, and assess how ESG attributes impact security pricing.
The Vanguard Capital Value Fund, a longtime laggard that struggled as value investing fell out of favor over the last decade, is being rolled into a larger fund.
The pot of invested money used to pay for hundreds of thousands of California public employee pensions has shrunk by $69 billion as coronavirus has squeezed global markets.
MiddleGround, which launched in 2018, joins Leonard Green & Partners as another firm setting up assistance for portfolio company employees who are adversely affected by the coronavirus outbreak.
As Inside Philanthropy wrote just a few days ago, community foundations and local funders around the country have been scrambling to respond as COVID-19 shuts down one aspect of society after another.
The Treasury Department wants to use a crisis-era tool to support money-market funds, joining the Federal Reserve in the fight to keep financial markets working smoothly.