Yields are high, and well-fixed institutions back them, but what happens in a recession?

The Alterra fund aims to invest $250 billion by the end of the decade, focusing on ‘global climate solutions’ in emerging markets and less-developed economies.

The institutional investors lost a combined total of nearly $162 million from investments in the bank’s holding company, SVB Financial Group.

UBS analysts think the Fed will need 6 months or so to realize it can ease, gradually slicing the central bank’s benchmark by a modest amount, up to 0.75 points.

Currently the deputy CEO, Wesley will replace the retiring Lawrence Prager in 2024.

The ruling, expected in June 2024, could have a wide-ranging impact.

The private equity giant has owned a majority share since 2021, and the transaction continues a trend of private equity companies buying insurance companies.