In the case of AE Industrial Partners, investment performance reports show that the firm was backed by several US pension funds—among them the Contra Costa County Employees' Retirement Association, Baltimore Fire & Police Retirement System, Houston Firefighters' Relief and Retirement Fund, and the New Mexico Educational Retirement Board—providing cash that could help support the deal with Paragon, which could reach $900 million.
Daymn. Firefighters unknowingly profiting from for-profit cyber mercenaries