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The Impact of Public Retirement in Texas

Park Place Financial

For plans with amortization periods exceeding 30 years during three consecutive annual actuarial valuations, the plan and sponsoring groups must form an FSRP. Review of investment practices: The bill adds ethical conditions to amendments made during the 86 th Legislative Session regarding independent investigations into investment practices.

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Global Leaders Investment Letter: June 2022

Brown Advisory

Our standard valuation framework looks out over a 10-year cash flow forecast ending with zero % real growth in the terminal cashflow (technically we use 3% nominal terminal growth). By this valuation method, the portfolio cashflow duration is in the 16 to 17-years range. GAAP in 2002 7.