Cerity’s $1.2T AUA Surge Rocked by Sudden $13.8B Pension Pullout
Posted on April 16, 2026 by Harriet Whitmore
The aggressive $1.2 trillion increase in AUM through its merger with Verus Investments by Cerity Partners is now facing a huge setback in the form of an unexpected $13.8 billion withdrawal from a pension plan. The exit marks the growing concern among public pension boards regarding the fiduciary responsibility and ownership structure when private equity […]