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Michigan city launches RFP for investment management services.
The pension system now must publicly disclose the amount it pays in carried interest fees by the end of each calendar year. The first report, due Dec. 31, will include the fees from fiscal years 2015 through 2019, the Baltimore Sun reports.
In asset management, Deutsche Bank’s DWS arm is seen as another of its strong points, Reuters says.
For the first time in over a decade, companies founded solely by women have picked up more than 3% of the total capital invested in VC-backed startups in the US, according to PitchBook’s VC Female Founders Dashboard.
Illinois cannot assume the unfunded pension liabilities of Chicago and other municipalities across the state because its credit rating would be reduced to junk status if it did, Gov. J.B. Pritzker said Monday, the Chicago Tribune reports.
Midwestern county is seeking record keeping and administration services for its $154 million 457(b) Deferred Compensation Plan.
