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.
A Southeastern county has issued an RFQ seeking a firm or individual to provide third-party administration, oversight and record keeping services for its deferred compensation program.