DES MOINES, Iowa, May 16, 2024--Principal, the No. 1 employee stock ownership plan (ESOP) service provider in the U.S., is acquiring the ESOP recordkeeping business from Ascensus.
DES MOINES, Iowa, May 15, 2024--Principal Asset Management℠ today announced the launch of its new private infrastructure debt capability (the capability) and the hiring of Mansi Patel as senior managing director, head of infrastructure debt to lead its launch and implementation. This new capability adds to the firm’s long-standing expertise in public listed infrastructure, real estate debt, and alternative credit.
DES MOINES, Iowa, May 07, 2024--According to the latest Principal Financial Well-Being IndexSM (WBI), business owners, decision makers, and business leaders report strong levels of growth. Despite ongoing high inflation, survey respondents anticipate continued economic growth and high levels of optimism. However, employees don’t report the same level of optimism about the economy, especially as they look towards the next 12 months.