Regulators and law enforcement are looking into flagrantly illegal private “side letter” agreements which pay investors aware of fraud to not tell unsuspecting others.
The Fund, which was oversubscribed, received strong support from both existing and new investors, including state pension funds, sovereign wealth funds, family offices, endowments, and foundations.
Trestle Partners (“Trestle”), a New York-based private investment firm that specializes in partnering with pre-Series A enterprise software entrepreneurs and founders, today announced it completed fundraising for its inaugural fund, Trestle Partners I, L.P. (the “Fund”), reaching the hard cap of $30 million.
FirstEnergy Corp. and Ohio both need to clean up their acts — to restore investor trust, on the one hand, and voter trust, on the other. For Ohio officials, that means no more stalling on House Bill 6 repeal, dark-money reform and more unbiased utility regulation, writes the editorial board.
As GoLocal reported earlier in February, the Providence pension fund underperformed in 2020 and one investment in particular adversely impacted the performance of one of the funds investment in a hedge fund.
Golub Capital has opened up a new front in the legal battle against Dyal Capital’s merger with Owl Rock, as opposition stiffens to the deal that would create a new investing heavyweight.
Buoyed by rising stock markets, the Arkansas Teacher Retirement System’s investments rose in value by $2 billion last quarter to $19.4 billion, according to the latest report from its investment consultant.