executive director of @equableinst's work to advance public retirement system resilience; pro-Hayekian-technocracy; speramus meliora, resurget cineribus
Mar 13, 2023 • 4 tweets • 2 min read
There are at least 26 public pension funds (managing money for ~80 pension plans) who directly held stock in SVB Financial Group (#SIVB), the parent of Silicon Valley Bank.
A short 🧵👇🤦🏻♂️
It is likely there are many more pension funds who own a small amount of stock in #SVB through an asset management firm. These are just the pension funds who reported direct investments in the bank.