The fund paid out more than $2.8 billion in distributions during 2023, exceeding its cash flows of $2.7 billion, according to its annual report.
The client and his wife sued over investments that they allege should not have been allowed and that ended up wiping out much of a fortune once pegged at more than $50 million.
Data continue to suggest the Fed and others will be reluctant to cut.
Potential for global rules has reportedly been thwarted by the Fed.
Stephen Gilmore currently oversees New Zealand's sovereign wealth fund.
This week's jobs data could confirm expectations that Fed rate cuts will be scaled back.
OPEC+ production cuts and strong demand have tightened the market.
Interest in the firm has eased since its SPAC-based launch last week.
New program to start this week in a sign of confidence.
The average premium for homeowners insurance is expected to rise 6 percent this year, following an increase of roughly 20 percent over the past two years, amid intensifying natural disasters.
