For the world’s largest asset owners
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.

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.’

POPULAR STORIES
RTX CIO Robin Diamonte to Retire, Deputy Joe Fazzino Named Successor
Trump Issues Executive Order Seeking to Curb Proxy Advisers' Influence
Single-Premium Buy-In Sales More Than Triple in Q3
US House Passes $900B Defense Bill, Tightening Controls on Investments Into China
PME Pensioenfonds Terminates $5.9B BlackRock Mandate
House Passes Bill Aiming to Boost IPOs, Strengthen Market Transparency 
Virginia Retirement System Returns 6.1% in Fiscal 2023

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

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: 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.

Editorial: CIOeditors@issmediasolutions.com
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