Liz Tanner, the Director of the Rhode Island Department of Business Regulation (DBR) who has been at the forefront of working… Read More
Draconian “cradle-to-grave” provisions in private equity and real estate funds, permitting investment managers to extend fund lifetimes and charge investors fees virtually forever, are commonplace—yet almost universally overlooked by even so-called sophisticated public pensions. Rhode Island Treasurer Seth Magaziner, championing “financial literacy” at high schools across the state, seemingly has no problem with the state pension paying Governor Gina Raimondo’s former firm indefinitely for private equity underperformance. How many other private equity and real estate investments in the nation’s public pension portfolios, such as CalPERS, have similarly harsh cradle-to-grave provisions?
The City of Providence has announced that it will implement Phase 1 of a limited small cell wireless infrastructure program.… Read More
Low participation rates, collapsing global recycling markets, and poorly executed programs have Rhode Island’s… Read More
Jon Kuczmarski with Efficient Capital Strategies in Providence joined GoLocalProv News Editor Kate Nagle LIVE ahead of the… Read More
Lt. Governor Dan McKee announced consumer protection legislation to establish new rules for third-party electric companies.… Read More