Stone Point Capital LLC announced that it held the final closing of its eighth private equity fund, Trident VIII, L.P., with $7 billion in total commitments.
BlackRock, the world’s largest investor, has joined an influential pressure group calling for the biggest polluters to reduce their emissions, after criticisms that it was undermining action addressing the climate crisis.
UBS Asset Management has hired Nicole Goldberger as a portfolio manager overseeing all growth portfolios in the investment solutions unit, according to an internal memo.
Ohio’s largest public pension system is considering cuts to health care benefits for thousands of current and future retirees as a way to shore up and extend coverage for years to come.