Prostar Capital (“Prostar”) is pleased to announce today that it has secured $15 million in co-investment capital from a leading institutional infrastructure investor, building on a previous commitment from the investor.
Higher contributions can be expected in the future and asset allocation makes a difference, according to firms that track defined benefit plan funded status.
A lawsuit against a Western university foundation alleging a breach of fiduciary duty for underperforming the Standard & Poor’s 500 Index fund for a decade was “dismissed with prejudice” late last month.