Blackstone and Prisma Capital Countersue U.S. Pension
Posted on 04/23/2019
Late in 2018 it was determined that the Kentucky Retirement System (KRS) lawsuits against the Blackstone Group, Prisma Capital, Pacific Alternative Asset Management Company (PAAMCO), and KKR (KKR), for what it deemed poor fund performance, could move forward. This is despite Blackstone’s defense that it delivered US$ 158 million to KRS for a 6.5% annualized […]
