Pension closes & freezes
Out of the 40 defined benefit plans closed and 24 frozen, most were corporate plans, according to P&I's recently released top 1,000 survey.
Ten years after General Motors' pension buyout, corporate pension plans continue to decline but still command attention.
U.S. pension risk transfer activity may hit record levels in 2022 as corporate pension funding ratios continue to improve.
AbbVie Inc. closed its U.S. pension plan to new hires, effective Jan. 1, according to a company filing with the SEC.
U.S. corporate pension plans reach nearly 100% funded status at the end of 2021, an achievement not seen since before the financial crisis.
The New York State Teachers' Retirement System has frozen fossil fuel investments and will divest millions in fossil fuel holdings.
Nautic Partners closed Nautic Partners X, its latest middle-market buyout fund, at its hard cap of $3 billion.
Corporate consolidators in the U.K. can learn from public-sector pools and international counterparts about delivering strong performance.
Trill Impact, a midmarket buyout fund backed by Nordea Asset Management, closed with $1.1 billion in commitments.