BayPine Progresses Toward $2 Billion Goal for Debut Fund

BayPine Progresses Toward $2 Billion Goal for Debut Fund

BayPine, which was co-founded by Silver Lake co-founder David Roux, has rounded up at least $1.1 billion in an initial closing on its debut fund, putting the fund more than halfway to a $2 billion goal, according to people familiar with the offering. Boston-based...
GM to gas up non-U.S. pension plans with $500 million

GM to gas up non-U.S. pension plans with $500 million

General Motors Co., Detroit, expects to contribute about $500 million to its non-U.S. pension funds in 2021. The automaker also expects to contribute about $70 million to its U.S. non-qualified pension funds during the year, according to a 10-K filing Wednesday with...