Has the planned retreat been cancelled, or is it still on? It’s unclear at this time. Richard Lucas, VP for Communications at Singing River Health System, was contacted last week regarding the retreat. SRHS Watch received no reply. Check out excerpts of the minutes from the May 28 and April 30, 2014. Hat tip […]
Aetos Alternatives Management, LLC a subsidiary of Aetos Capital, LP This article is part of a series on the investments of the SRHS pension plan. SRHS pension plan has approximately $20 million under management by Aetos. Aetos is a hedge fund manager with $5 billion under management, catering to institutional investors and pension plans. SRHS
Discussion of Singing River’s dues to the Mississippi Hospital Association
In 2013, after KPMG had conducted some preliminary field work for that year’s audit (costing Singing River $50,000), Singing River decided, as a cost-saving measure, to hire Horne LLP (“Horne”) to conduct its fiscal year 2013 audit instead. Horne’s field work in preparation for its audit of Singing River’s financial statements revealed that KPMG’s prior
A meta post is in order: there is a concern by some that this site is somehow associated with SRHS. That is unequivocally not the case. This site is about the retirees fighting for what they were promised and about documenting those who betrayed the public trust. Anyone is invited to comment, submit information or
Scott C. Taylor, trustee for Singing River Health System, has indicated that SRHS legal bills have reached nearly $500,000. That puts SRHS’ monthly spend in the neighborhood of $80,000 for defense. The money is being paid by Singing River’s insurance policy and not from SRHS’ own funds. The insurance policy covers up to $1 million
Singing River Spending $80,000 monthly on Lawyers Read More »
The 71st anniversary of D-Day is Saturday. The Allies sacrificed their sons to save a race and free many from the grips of tyranny and fascism. The Allies and Americans fought relentlessly, under the leadership of Eisenhower. He gave the command of the day, “Full victory — Nothing else!” The next week holds a
Earl Denham, attorney for several retirees has added 12 categories to the list of information he is seeking from Singing River Health System, bringing the total to 105. Denham is now seeking information on:
Denham Seeks More Info from SRHS on Pension Plan and Attorneys Read More »
Invesco Real Estate Fund II, LP The SRHS Employees’ Retirement Plan & Trust invested in this limited partnership fund around the time of the fund’s formation in 2007-2008. CEO Kevin Holland sent a status report to the Board of Supervisors in late 2014. He noted that Singing River was encountering some delays in terminating the