
Regulation
Private Equity Firm to Pay $20.5M to Settle SEC Charges of Inadequate Fee Disclosure
Prime Group allegedly did not disclose that $18 million in fund fees went to a firm wholly owned by its CEO.
Prime Group allegedly did not disclose that $18 million in fund fees went to a firm wholly owned by its CEO.
The Equable Institute’s State of Pensions 2023 report claims that ‘pension funds are addicted to risk.’
The pension giant raked in $72 billion during the quarter thanks to its public equities portfolios.
A trade group for alternative investments lists best practices for the popular, wide-ranging asset class.
The $242.3 billion state pension fund also committed more than $600 million to alts in February.
Despite downturn, the $684.5 billion fund’s losses were offset by an increased allocation to alts.