The agency signaled its approval in September, but the official verdict was delayed because of the government shutdown.
Equity exchange-traded funds, rather than fixed-income options, are the top choice of insurance investors, according to State Street’s Meta Curry.
Against a backdrop of growth, institutional investors are contemplating the best ways to utilize exchange-traded funds in their portfolios.
The billionaire co-chair of Galvanize Climate Solutions and founder of Farallon Capital will make a bid to succeed term-limited incumbent Gavin Newsom.
The investment, made through the firm’s strategic partnerships program, is one of many GP stakes it has made.