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Delco teacher files suit against investing consultants to PSERS

Lawyers for a Delaware County public school teacher have filed a lawsuit over problems at Pennsylvania’s largest pension fund, alleging that poor advice from highly paid outside consultants has cost the retirement plan billions and forced 100,000 teachers to pay millions in extra pension contributions. The complaint says two consultants were “grossly negligent” in their dealings with the $67 .

Delco teacher files suit against investing consultants to PSERS

Delco teacher files suit against investing consultants to PSERS
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In latest blow, giant pension fund faces possible class-action lawsuit from teachers

Delco teacher files suit against investing consultants to PSERS Joseph N. DiStefano, The Philadelphia Inquirer © TYGER WILLIAMS / Staff Photograp PSERS executive director Glen Grell listens during a meeting in the main boardroom at the fund s offices in Harrisburg. Lawyers for a Delaware County public school teacher have filed a lawsuit over problems at Pennsylvania’s largest pension fund, alleging that poor advice from highly paid outside consultants has cost the retirement plan billions and forced 100,000 teachers to pay millions in extra pension contributions. Popular Searches The complaint says two consultants were “grossly negligent” in their dealings with the $67 billion PSERS plan but does not identify the fund itself as a defendant. Legal experts say the big retirement plan is generally protected from liability under the state’s Sovereign Immunity Act.

Hamilton Lane puts 3 in charge of fund investment amid promotions

Hamilton Lane puts 3 in charge of fund investment amid promotions Hamilton Lane puts 3 in charge of fund investment amid promotions Hamilton Lane now has three co-heads of fund investment, including Andrea Kramer, managing director, who formerly was sole global head of fund investment, spokeswoman Kate McGann said in an email. Ms. Kramer shares the post with Christian Kallen, managing director, and John Stake, who was promoted to managing director from principal and to co-head of fund investment. Other investment executives who were promoted to managing director from principal are Jay Rosenberger, who has been focused on direct equity investments and is now a principal in charge of due diligence, sourcing and execution for a business combination on the team of Hamilton Lane Alliance Holdings, Hamilton Lane s special purpose acquisition company. Other investment Hamilton Lane investment professionals promoted Wednesday to managing director were

Hamilton Lane Expands Team and Presence Amid Continued Firm Growth & 361 Capital Acquisition

Hamilton Lane Expands Team and Presence Amid Continued Firm Growth & 361 Capital Acquisition
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