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Switch raises $659m in fourth data center ABS offering

by Kali Arevalo | Oct 23, 2025

Switch, a premier provider of artificial intelligence (AI), cloud and enterprise data centers, has closed its fourth asset-backed securities (ABS) offering, raising nearly $659 million and bringing the company’s total ABS issuance to approximately $3.5 billion.

Arcus-backed Workdry International locks in $881m for international expansion efforts

by Kali Arevalo | Oct 23, 2025

Workdry International, a provider of engineered rental solutions for the handling and treatment of water and wastewater backed by Arcus Infrastructure Partners, has obtained a £660 million ($881 million) group financing package to support its international growth and expansion across the United Kingdom, the United States and Europe.

New York City pension fund CIO Steven Meier announces departure

by Elise Mackanych | Oct 23, 2025

New York City comptroller Brad Lander has announced that Steven Meier, CIO for the Bureau of Asset Management and deputy comptroller, will depart from his role, effective Nov. 7, for a new investment management opportunity.

U.S. pension systems remain fragile in 2025

by Released | Oct 23, 2025

The funded status of U.S. public retirement systems has continued improving as of Sept. 30, thanks both to strong financial market performance and record-high contribution rates from state and local governments, according to Equable’s latest State of Pensions 2025 research brief.

South Carolina RSIC appoints Bryan Moore as CIO

by Elise Mackanych | Oct 22, 2025

Bryan Moore has been appointed CIO of the South Carolina Retirement System Investment Commission (RSIC). Moore assumed the interim CIO position after Geoff Berg departed from the pension fund earlier this year.
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