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August 31, 2023
Pension Plan That Had Been Insolvent Since 2009 Rescued by PBGC

The plan was among four granted special financial assistance funds by the PBGC this week.

Pension Plan That Had Been Insolvent Since 2009 Rescued by PBGC
SEC Adopts Private Fund Adviser Rules Aimed at Increasing Transparency

In dissent, Commissioner Peirce said the new rules will harm investors, while Commissioner Uyeda called them ‘arbitrary and capricious.’

SEC Adopts Private Fund Adviser Rules Aimed at Increasing Transparency
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Asset Manager Consolidation Continues as Structural Shifts Reshape Industry
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Virginia Retirement System Returns 6.1% in Fiscal 2023

The commonwealth’s pension fund asset value grew to $105 billion.

Virginia Retirement System Returns 6.1% in Fiscal 2023
TRENDING: Prudential Closes $1 Billion PRT Deal With PSEG
The utility company is looking for greater financial predictability and approved the partial annuitization of their pension plan.
TRENDING:  Prudential Closes $1 Billion PRT Deal With PSEG
TRENDING: At Last, Long-Awaited Inflection Point for IPOs Seems to Be Here

After a lean season, a bevy of excitement-generating deals is in the pipeline, headed by Instacart.

TRENDING: At Last, Long-Awaited Inflection Point for IPOs Seems to Be Here
Editorial: CIOeditors@issmediasolutions.com
Industry Intel Roundup
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