Morningstar

Secretary of Labor Eugene Scalia said retirement plans aren’t for “furthering social goals or policy objectives that are not in the financial interest of the plan.”

Sumeru earns the M&A Mid-Market Award for Private Equity Seller of the Year for exiting five software investments. KKR-backed Envision Healthcare is reportedly considering a bakruptcy. CVC Credit raises second U.S. direct lending fund.

Betting on demand for better-for-you food products, Riverside formed advisory board to seek deals in the food ingredients sector. MLB gives path for investors to take stakes in teams. Today is the last day to submit nominations for the 2020 edition of Most Influential Women in mid-Market M&A.