In The News
However, the ratings agency doesn’t expect funded status improvements to continue, and it notes that many not-for-profit hospitals are focusing on de-risking strategies.
Navab Capital Partners will wind down after its founder Alex Navab’s unexpected death earlier this month. Navab, a former KKR & Co. executive, had been targeting $3 billion for the private equity firm’s debut fund.
Michael Scott, Executive Director of the National Coordinating Committee for Multiemployer Pensions (NCCMP), believes that Congress is actually following their tradition of finding bipartisan solutions when it comes to pensions, and is working hard to come up with a legislative solution.
The state human resources office on Monday recommended that the Public Safety Personnel Retirement System fire its embattled administrator after he admitted to investigators that he repeatedly sexually harassed an employee and didn’t properly respond to allegations he spied on staffers he didn’t like.
Madison Marquette, a leading national real estate investment manager, service provider, developer and operator announced today the closing of its merger with The Roseview Group, a boutique institutional real estate investment and advisory company.
More endowments are relocating their investment offices to better access talent, managers, Bloomberg reports.
Charles Schwab is in talks to buy the brokerage and wealth management operations from USAA for roughly $2 billion in a deal that could be reached this month, the Wall Street Journal reports.
CalPERS today reported a preliminary 6.7 percent net return on investments for the 12‐month period that ended June 30, 2019. CalPERS assets at the end of the fiscal year stood at more than $370 billion.
The ship seized last week by U.S. Customs and Border Protection for having transported nearly 20 tons of cocaine into a U.S. port has a very high-profile owner — a JPMorgan Chase fund.
The firm today announced the first and final closing of Great Hill Equity Partners VII, L.P., reaching its hard cap of $2.5 billion of limited partner commitments.