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Nine UK Pension Funds Agree to Invest 5% of Assets in Startups

The UK government announced an agreement between nine of Britain’s largest pension providers to boost their investment in growth companies, a move it said could unlock £50 billion if the rest of the industry follows suit.

Activist Fights Tick Up, Along With Settlements

The first proxy season after a key US rule change was expected to rock the shareholder activism world. Instead, the universal proxy card turned typically public battles into something more private and discreet, with settlements reached behind the scenes or very quickly once they become known.