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Bain Capital and Partners to Acquire Envestnet for $4.5B

PLANADVISERdash - July 12, 2024 Also, June Pension Funding Ratios Soar With Interest Rate, Equity Gains
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Bain Capital and Partners to Acquire Envestnet for $4.5B
PA-071124-Envestnet-Sale-1445662656-web
The firm is slated to go private through purchase by Bain Capital and Reverence Capital, along with partners BlackRock, Fidelity, Franklin Templeton and State Street.
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June Pension Funding Ratios Soar With Interest Rate, Equity Gains
Another robust month for pension funding status puts an 'exclamation point' on a strong streak even as the Fed considers an interest rate cut.
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