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Cerity Partners strikes upper-high-net-worth deal
The Chicago-based RIA’s union with Denver-based Agility, a well-regarded OCIO service provider, will vault it past the $100B AUM mark.
Overfunded pension plans like Kodak’s pose $137B opportunity
Buoyant markets and rising rates have turned defined-benefit plans from costly legacies into unexpected nest eggs.
BlackRock hires Goldman exec to head OCIO unit
The outsourced chief investment officer industry’s business is expected to grow more than $10 billion annually over the next five years, according to Cerulli.