BlackRock, Vanguard Group and State Street Global Advisors are the three most important players in corporate America, accounting for 22% of shares of the typical S&P 500 company, according to Bloomberg.
Pathway Capital Management has closed on a $1 billion private credit fund, the firm announced. The Pathway Private Credit Fund II will provide debt financing in support of acquisition, recapitalization, refinancing and growth capital transactions sponsored by leading private equity firms.
Officials in many western suburbs are taking a “wait-and-see” attitude toward a new law that consolidates hundreds of suburban and downstate police and fire pension funds.