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NowSecure Launches Major Update to NowSecure Academy Online Training with New Role-Based Learning Paths and Certifications

NowSecure

NowSecure, the recognized experts in mobile security and privacy, today launched major updates to NowSecure Academy to include new learning paths tailored specifically for mobile app security analysts, pen testers and developers, as well as a more intuitive onboarding experience. NowSecure Academy also introduces a new certification for Mobile Application Security Professionals (MAS Pro), featuring advanced courses designed to help web security analysts and pen testers train and certify for mobile pen testing. According to a study conducted by (ISC)2, the global cybersecurity workforce gap has grown more than twice as much as the workforce itself, with a 3.4 million disparity. Nearly 70% report that their organization does not have enough cybersecurity staff to be effective. Furthermore, according to Gartner, a lack of talent or human failure will be responsible for over half of significant cyber incidents by 2025. To help address this widening talent gap and growing threat landscape, it is paramount for developer and security leadership to ensure their workforce is skilled to more efficiently deliver high-quality, secure mobile apps into production and meet business demands faster, while minimizing mobile security risks. Free to get started, NowSecure Academy is the only expert-led, optimized online training program purpose-built for mobile developers and security professionals to level up their skills and learn about the latest industry best practices for mobile app development, mobile pen testing and securing the software supply chain. From individual learners to small groups and large teams of developers and security analysts, the NowSecure Academy tailored learning plans and certifications can accommodate all budgets and needs. Scaled to boost all mobile programs, it features: Over 60 courses and 23 hours of learning time led by mobile development and security experts that can be accessed anytime, anywhere for free. Introductory security-focused learning paths designed to establish foundational knowledge and sharpen mobile AppSec skills including in mobile app security fundamentals, architecture & analysis, standards & risk assessments and more. Developer-focused learning paths specifically tailored to enable them to write secure code more efficiently, covering topics such as code quality & build settings, data storage & privacy techniques, authentication & session management, cryptography, secure network communications and more. Pen testing-focused learning paths crafted to provide the fundamentals of mobile app security assessments, including mobile security standards, lab setup basics, sandboxing and permissions, resources and more. Industry-recognized certifications to ensure proficiency for Secure Mobile Development Professionals and Mobile Application Security Professionals. With the new learning paths, mobile app security practitioners and developers can expect introductory and deep-dive lessons tailored specifically for their roles. Now, mobile developers can take advantage of free courses like Intro to Secure Mobile Development and Managing & Securing Third-Party Dependencies, and security analysts can utilize free courseware like Mobile App Security Foundations and Getting Started with Mobile App Pen Testing. The latest update also offers a new paid certification program for Mobile Application Security Professionals (MAS Pro). In as little as three hours, security professionals can sharpen their skills to test and analyze mobile apps and achieve certification through eleven advanced courses on topics including Data Storage & Privacy, Cryptography and Authentication & Session Management. “The best vulnerability is the one that never occurs. Therefore, secure development training is essential to reducing costs and accelerating delivery,” said NowSecure CEO Alan Snyder. “Furthermore, the current economic climate is putting additional pressure on organizations to do more with less resources. NowSecure Academy is designed to help address the widening skills gap by offering developer and security-focused learning paths and industry-recognized certifications tailored to increase proficiency needed in developers, QA and security teams to optimize for faster, high-quality mobile app releases.” “We found the Secure Mobile Development course is well-defined to help developers understand mobile threat vectors and empower them to avoid insecure coding practices,” said Anurag Dwivedy, Security Engineering Manager, Product Security for AppDynamics at Cisco. NowSecure is on a mission to empower mobile development teams to write better code, prepare security teams to test to prevent mobile attacks and to promote a stronger DevSecOps culture within organizations. Learn more about all of the courseware and certifications offered in NowSecure Academy here and register for a free learner account here. About NowSecure: As the recognized experts in mobile security and privacy, NowSecure protects the global mobile app economy and safeguards the data of millions of mobile app users. Built on a foundation of standards, NowSecure empowers the world’s most demanding organizations with security automation to release and monetize 30% faster, reduce testing and delivery costs by 30% and reduce appsec risk by 40%. Only NowSecure offers an award winning full solution suite of continuous security testing for DevSecOps, mobile app supply-chain monitoring, expert mobile pen testing as a Service (PTaaS) and training courseware. NowSecure actively contributes and supports the mobile security open-source community, standards and certification including OWASP MASVS, ADA MASA, NIAP and is recognized by IDC, Gartner, Deloitte Fast 500, Cyber Defense Magazine and TAG Cyber. Contact Details Hannah LaCorte +1 202-240-7611 press@nowsecure.com Company Website https://www.nowsecure.com/

June 06, 2023 10:00 AM Eastern Daylight Time

Minuteman Press Franchise in Gastonia, NC Has Grand Opening for New Father-Son Team Tony & David Marder

Minuteman Press International Inc

Tony and David Marder are the new owners of the Minuteman Press franchise in Gastonia, NC. In January of 2023, Tony and David purchased Minuteman Press in Gastonia from retiring owners Pam and Bill Joles, who owned the business for nearly 32 years since July of 1991. On Thursday, May 25, 2023, Tony and David held their official Grand Opening at their shop located at 495 East Long Avenue in Gastonia. The event was sponsored by the Gaston Business Association and had a fiesta theme that included margaritas, festive appetizers, a food truck, and a mariachi band. There were also plenty of raffles as well as a ribbon-cutting ceremony that served as a celebration of Tony and David’s new venture while Pam and Bill were also in attendance to help pass the torch. In the below interview, Tony shares how he and David originally came into contact with Pam and Bill, and how that relationship grew to the point of purchasing the business. Tony also shares how he’s been building his business since the purchase and why print is so vital today. You purchased the business after working in the shop for a couple of years. What were your roles/experiences as employees and what drove you to buy the business? Tony Marder: “Interestingly, even before working in the shop, Pam and Bill Joles were previous coaching clients. We met via our local BNI and Chamber memberships. At the time, I focused my business coaching with family-owned businesses and Pam and Bill engaged me to assist. I noticed how they were avid readers and spent focused time on goal-setting and systemization. Just before and during the pandemic closures, I asked if they needed someone very part time for deliveries or light finishing work to fill some of my open schedule. At some point in early 2021, I asked Bill ‘how he intended to land this thing’ and he said, “Why? You want to buy a business?” My answer was, “Absolutely not!” But an hour later I mentioned that I felt this may be a good fit for me and my son David, whom I know to be very adept and resourceful with machines and computers and technology in general. David joined the team as print production specialist in May of 2021 specifically to learn the finishing work. Having a bit of a graphics background didn’t hurt either and he quickly added pre-print typesetting and other aspects of pre-print work to his overview. Knowing this was a good fit and having almost two years of on-the-Job experience with Pam and Bill made it a much easier decision for us to move forward.” What has the support from Minuteman Press International been like for you? Tony Marder: “Having experience with franchise teams, I expected the support system to be there. I was especially impressed with the FLEX software and the strength of the training and process protocols. The local team made the transition easy and the Home Office training team is concise and thorough. Every call or need is quickly handled and everyone jumps in to help with urgency as needed.” How do you describe your business and capabilities to potential clients? Tony Marder: “We can produce anything that can be printed or find someone in our organization that can; we will produce and deliver quickly high quality work that helps them run or grow their business or organization.” What are the high-demand products and key growth areas? Tony Marder: “Our most requested items are business cards, forms, labels, stickers, letterhead and envelopes, booklets, manuals, newsletters and mailings. We would like to feature more mailings, interior signage, posters, decals and graphic design.” What are some of the key ways you’ve grown your business since taking over in January of 2023? Tony Marder: “Relationship marketing via phone and face to face direct marketing to existing and past clients, as well as SEO/SEM Marketing, active membership in the local chamber and Rotary. Planning now for future postcard mailings featuring postcard mailing as well as special promotions.” How would you best describe your community? Tony Marder: “We have a small but dedicated and loyal community. We are a volunteer and philanthropic community of diverse folks raising families and enjoying our corner of the world. We have a lot of natural resources that draws a wide range of individuals to the area spanning entrepreneurs, professionals, service-related businesses and manufacturers. We enjoy the closeness of the Charlotte, NC Metro area without the cumbersome things that make larger cities less attractive. Around here we say that ‘we don’t tell anybody about it, but if they find it on their own then it’s perfectly okay with us.’” Why do you think printing remains so vital to businesses today? Tony Marder: “Print is everywhere. I can’t go anywhere without seeing print in action. Every business or organization uses print at some level; either to run or grow their business. I feel email and social media marketing has its place but lacks a personal touch or relationship that could be developed. Print solidifies other marketing sources and cements brand recognition. People read, so giving them something to read is the best way to keep them engaged.” What are the biggest rewards of owning your business? Tony Marder: “This is a cashflow business with a lot of upside potential. Cash is certainly king when it comes to owning your business and this one is no different. Personally, I’m in it to help my son secure a future and continue to provide inspiration for the team. I’d like to see us increase what we can give back to our community and find more ways to engage the public.” What advice would you give to other business owners right now? Tony Marder: “Attract and hire people smarter than you, then get out of their way and give them room to shine. Find a mentor who has documented experience with the legal, financial and accounting arenas and do not resist being pushed closer to the fire. Get in there and get it done.” For more information about Minuteman Press in Gastonia, NC, visit https://minuteman.com/us/locations/nc/gastonia/ Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

June 02, 2023 10:00 AM Eastern Daylight Time

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Dads and Grads Gift Ideas

News Media Group, Inc.

Contact Details News Media Group Jennifer Rivera +1 954-667-9647 jrivera@newsmg.com Company Website https://newsmg.com/

June 01, 2023 11:15 AM Eastern Daylight Time

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Bloomsbury Publishing "confident of meeting the board's expectations for the year"

Bloomsbury Publishing PLC

Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

June 01, 2023 11:06 AM Eastern Daylight Time

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News Release

Breaking News: WriteMyEssays And WriteMyPapers Merge. Learn More Here!

Halvorson Media Group

Recently, WriteMyEssays And WriteMyPapers signed a merger agreement. Find out what to expect from the changes, whether they will affect customers, and what new features are planned to be introduced. New York, May 28, 2021 — A few days ago, an academic writing company WriteMyEssays announced the acquisition of WriteMyPapers. This decision has been discussed for several months, and finally, there was official confirmation of the merger. Due to the inability to compete with other academic services, the WriteMyPapers brand decided to leave the market. In the past few months, the site has seen a surge in orders, and the staff has been unable to keep up with the influx. The departure of the company would have suffered great losses and the loss of valuable personnel. Thus, the decision to merge was the only correct one in this situation. The management bodies have already checked and approved the terms and conditions of the upcoming merger. What to Expect from The Merger? A merger is a complex business solution that takes time to set up internal processes. Of course, the company's management is going to consolidate high-quality academic writing in the industry and enter the international market. However, no one excludes the occurrence of difficulties, but first things first. At the moment, key stakeholders of both companies discussed several business benefits which can be expected in the near term. They are obvious, but are of great benefit to the company: Increasing the staff of the company. The staff of WriteMyPapers was more than 300 people. All writers pass under the control of the new owner. Thus, it means that the service will be able to process more orders and get more urgent assignments. Increasing the audience. Those customers who previously applied to WriteMyPapers are likely to start ordering essays and other assignments from a new company. Many students have been working with the same authors for several years, and they will be able to continue doing this under a new brand. Increasing monthly turnover. The more orders, the more income. This is a simple yet complex business rule. If the quality of the work performed remains at the same high level or becomes higher, the company will be able to increase income by 2-3 times. Moreover, this is a very significant indicator in the college writing industry. In the long term, the company expects the following positive changes: Entering the international market. In connection with scaling, it is planned to introduce new working languages. The managing department has ideas for covering European countries, China, and India. This will expand the audience by 5-6 times in the long run. Building a multi-level support system. Due to the increase in the audience, support representatives will need to be divided into several categories depending on the purpose: support for resolving payment issues, support for placing orders, support for submitting changes to orders, etc. Development of services in narrow areas. In a rapidly evolving environment, it is necessary to follow education trends. That is a real challenge to find specialists in AI engineering or bioinformatics with academic writing or teaching skills. However, this must be taken into account in order to be at the top of the best services. What Do The Experts Say? “The decision to merge was nothing short of a bold one for us. We expect to see results in two months. However, despite the encouraging results in the future, we understand that at first, the team may experience difficulties. Talks about a merger started early this year and we've more or less solidified the base to weather this challenging but promising time.” Harry Evans, WriteMyEssays Vice President “Our department will be the most heavily loaded, especially at the very start. We have developed an order distribution system that should help us not only cope with the number of incoming orders but also understand our strengths and weaknesses to improve the process. The scaling steps will be introduced smoothly, and we know we can adjust to new circumstances.” Emma Walker, Order Distribution Manager “We are pleased with the new changes and are ready to scale and introduce new services. Thanks to long-term planning and quick reaction to possible strategic changes, our company is moving into a higher orbit. We can call ourselves a company providing educational assistance services.” Caleb Ellington, Senior Manager About WriteMyEssays WriteMyEssays is an academic writing company that has been on the market for over 15 years. The company operates in the field of educational services, namely in writing papers of various formats for high school, college, and university students. The emphasis on "academic" demonstrates high standards of performance. At the moment, the company provides assistance in the following areas: academic writing, proofreading & editing, and problem-solving. These three services fully cover the needs of a broad student audience. The team assists with handling assignments of different levels: High School, Undergraduate, Bachelor, Master, and Professional. The company works in various fields: Mathematics, Literature, Chemistry, Architecture, Pharmacology, Law, and more than 30 other areas of study. The support service has every opportunity to select a performer with the appropriate education and academic writing skills. The list of services includes not only writing essays, but also making presentations, creating graphs and tables, writing speeches, typing, rewriting, performing mathematical calculations, helping with writing dissertations, conducting chemical, historical, mathematical, and literary analyzes, and much more. WriteMyEssays is often the choice of students due to the loyal pricing policy. Thanks to successful management and logistics, prices for services are kept below average. It allows students with a limited budget to place orders on the site. The company also often provides discounts and loyalty programs. With over 7,000 finished assignments, WriteMyEssays is one of the leaders in the professional student assistance industry. Most likely, new changes will lead this service to new achievements and the introduction of new services that meet the passage of time. On a Final Note The goal of the WriteMyEssays company is to remain competitive, gradually expanding the list of services, introducing new payment methods, and taking other equally important steps to be on top. The field of academic education is entering challenging times. It may not yet be obvious, but companies like WriteMyEssays will take on an inflated amount of workload to save education as a basic social sphere from a great collapse Contact Details Halvorson Media Group Edward +1 877-422-8205 edward@halvorsonmediagroup.com Company Website https://halvorsonmediagroup.com/

June 01, 2023 09:52 AM Eastern Daylight Time

Leidos Becomes First Major Prime Contractor to Adopt NCMA Contract Management Standard

National Contract Management Association

Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, today announced its intent to adopt the National Contract Management Association’s (NCMA) Contract Management Standard ™ (CMS™). By adopting this standard, Leidos will align its workforce competency with the standard recently adopted by the federal government and institutions of higher education. With this adoption, Leidos builds on its long-standing commitment to strong customer relationships through standards of professional conduct and common understanding. The company is committed to developing the contract management profession as a meaningful and rewarding career path. This will support practitioners across industry and government who serve the federal mission. “Leidos Contracting is excited to lead the industry in the adoption of the CMS™,” said Kim Denver, Leidos Senior Vice President and Chief Corporate Contracts Executive. “Contract management professionals are paramount to mission success. Through the CMS framework, our tradecraft will be incorporated under one common standard, elevating both federal and industry contract management professionals who are critical to our nation’s success.” “NCMA is pleased to have Leidos join the growing community of CMS™ adopters dedicated to building a stronger bridge between industry and government,” said NCMA Chief Executive Officer Kraig Conrad. “This adoption reinforces Leidos' commitment to the profession; their contract management teams and the missions we serve together.” The U.S. Office of Federal Procurement Policy (OFPP) announced the new classification in a January 19 memo, stating that the CMS™ will become the foundation of a new contracting training system for all civilian agencies effective February 1, 2023. The new Federal Acquisition Certification in Contracting (FAC-C) (Professional) will now align with the Department of Defense framework (DAWIA), which is also based on the CMS™. The American National Standards Institute (ANSI)-approved third edition of the NCMA CMS™ is recognized globally as the preeminent standard in the profession. It serves as the basis for hiring and training frameworks as well as the NCMA’s ANSI National Accreditation Board (ANAB)-accredited Certified Contract Management Associate (CCMA) certification. The National Contract Management Association (NCMA), which was founded in 1959 and is the world’s leading association in the field of contract management. The organization, which has over 18,000 members, is dedicated to the professional growth and educational advancement of procurement and acquisition personnel worldwide. NCMA strives to serve and inform the profession and industry it represents and to offer opportunities for the open exchange of ideas in neutral forums. To find out more, please visit www.ncmahq.org. About Leidos Leidos is a Fortune 500® technology, engineering, and science solutions and services leader working to solve the world’s toughest challenges in the defense, intelligence, civil, and health markets. The company’s 45,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $14.4 billion for the fiscal year ended December 30, 2022. For more information, visit www.Leidos.com. ### Certain statements in this announcement constitute “forward-looking statements” within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management’s current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. A number of factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the “Risk Factors” set forth in Leidos’ Annual Report on Form 10-K for the fiscal year ended December 30, 2022, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made. Contact Details NCMA Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org/

June 01, 2023 07:55 AM Eastern Daylight Time

NAVEX Announces AI-Powered Compliance Assistant

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, today announced NAVEX Compliance Assistant. The initial release of this new AI-powered functionality will offer instant answers to employee questions regarding company policies and procedures delivered in natural language. This functionality makes an organization’s compliance program more accessible and personal for all employees. As part of the NAVEX One GRC Information System, employees interact with NAVEX Compliance Assistant by asking it questions in their own words. The AI-powered Compliance Assistant then searches through a company’s policies and procedures to present a comprehensive answer to the employee’s inquiry. Compliance Assistant applies Large Language Model (LLM) technology to customer-controlled document sets for maximum relevance and accuracy. NAVEX’s secure cloud infrastructure protects document and data privacy. Rich NAVEX Integration Ensures Ease of Use and Data Security The AI-powered NAVEX Compliance Assistant is seamlessly integrated into NAVEX One People Hub, a unified, simplified way for employees to engage with the compliance program. Through People Hub, employees can conveniently report incidents, confirm policy adherence, complete training and disclose information within a user-friendly interface accessible on mobile devices. With the addition of Compliance Assistant, employees, and other authorized parties, can quickly clarify how to follow specific procedures and policies that apply to them. NAVEX Compliance Assistant offers a range of features tailored to meet the needs of organizations of all sizes, including: Intuitive chat interface: Employees can query the system with natural language questions about a policy or procedure of interest and receive prompt, accurate responses. Multilingual access: Users can ask questions and receive answers in 70 languages. Find relevant policies: Employees can easily search for and access relevant, verified policies and procedures, eliminating time-consuming manual searches or the need to reach out across departments to source an answer. Responsive access anywhere: NAVEX Compliance Assistant is accessible via the web and mobile devices, helping employees access critical compliance information from anywhere. Uncompromising privacy and security: NAVEX is committed to safeguarding all data within the systems it manages, including policy and procedure information and employee queries through Compliance Assistant. “Successful organizations turn governance, risk and compliance management into a competitive advantage. It helps prevent mistakes, motivate employees, and promotes confident decision-making,” said Sean Thompson, Chief Executive Officer at NAVEX. “In my years of experience with natural language user interface technology, incorporating it into a GRC program is one of the most exciting applications. Our new AI-enabled Compliance Assistant makes engaging with the compliance program simpler and more intuitive, which in turn makes employees more confident users of the system.” Expert point of view The adoption of AI-powered technologies to facilitate access to compliance-related information can bring great benefits. “Giving employees the ability to quickly and accurately access company policies and procedures fosters a culture of trust and safety with regards to risk mitigation. It also makes the whole process more efficient," said Darren Bradshaw, Chief Audit and Compliance Officer of Stellantis, a multinational automotive company on a journey of transformation into a sustainable mobility tech organization. Stellantis, as a customer of some NAVEX applications, plans to partner with the company to test the usability of this new application. To learn more about the AI-powered NAVEX Compliance Assistant, visit https://www.navex.com/en-us/products/navex-ethics-compliance/ai-employee-compliance-assistant/. Or, read our blog, “ Artificial Intelligence – The Next Frontier of GRC Management ” on Risk & Compliance Matters. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details Scott Levesque +1 617-388-5773 scott.levesque@navex.com Company Website https://www.navex.com

May 30, 2023 08:30 AM Eastern Daylight Time

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Home "SMART" Home

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

May 25, 2023 06:00 AM Eastern Daylight Time

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Endowments and Pensions Continue to Post Gains, but Exposure to Private Markets Pushes Many Below Their Performance Benchmarks, According to Projections from MPI

Markov Processes Inc.

Rebounds in the public markets helped college endowments and public pensions to post gains over the first three quarters of the 2023 fiscal year, as exposure to private equity and especially to venture capital caused the median performance of each group to trail their key benchmarks, according to proprietary projections from Markov Processes International, Inc. (“MPI”), a leading independent FinTech provider of software and services for analyzing investment performance and risk. The estimates are generated by the MPI Transparency Lab, a one-of-a-kind data hub for endowment and pension performance. The Lab provides a wealth of information on performance and risk of the largest U.S. endowments and public pensions. “With most pensions and endowments reporting their results only once a year, outsiders rarely have an appreciation of their intra-year volatility,” said Michael Markov, co-founder and chief executive officer of MPI. “This is unfortunate. As our estimates show, tracking performance on a quarterly or more frequent basis allows us to assess where they stand in relation to their benchmarks and why. This is important to so many constituencies.” Among major college endowments, MPI estimates that the University of Pennsylvania is leading among Ivy League schools with 3.91% returns, with Columbia University being close second, tracking with a 3.55% estimated return. Princeton University and Harvard University are expected to trail other Ivies with returns close to zero. Overall, MPI estimates the median Ivy League endowment return so far in FY2023 is 1.9%. By contrast, the Global 70/30 Benchmark, which is the standard benchmark for endowment performance, is up 6.1% for the same three-quarter period. Private market exposure continued to be a drag on results. To estimate performance, MPI used the recently released Cambridge Associates’ Private Benchmarks preliminary estimates for the 4 th quarter of 2022. The CA Venture Capital index was down -7.31% for the quarter and CA Private Equity Index was up 0.62%. The CA Real Estate index return is -0.56% for the quarter. "Even though private benchmark data is not available for the first quarter of 2023, we expect them to slide further given rising interest rates, depressed valuations, and increased bankruptcy rates in early 2023," Markov said. “However, we decided to use conservative estimates of zero return for private equity and venture capital for the most recent quarter. Private markets propped up endowment returns last fiscal year, but our estimates show that those funds more exposed to public equities are outperforming their peers currently, and the gap might widen even further during this quarter.” The situation was the same for U.S. public pensions. MPI Transparency Lab estimates pensions have median return of 5.2% for the three quarters of 2023 fiscal year. The Oklahoma TRS has the highest return of 8.2%, with Georgia TRSGA being close second. Performance of the Global 60-40 benchmark, the key benchmark for pensions, was 5.8%, with a -6% loss in the third quarter of 2022, a 6.6% gain in the fourth quarter of 2022, and a 5.6% gain in the first quarter of 2023. This swing mirrors pension performance. As with endowments, the difference in performance rested with the balance between public and private market exposure. The lowest FY2023 estimated performers – state employees’ pensions of Oregon (0.6% estimated return), Pennsylvania (1.2%) and Washington (1.8%) – all had reported the highest performance last fiscal year, largely because of their outsized allocations to private assets. “Knowing how an endowment or pension is doing quarter by quarter and why not only serves to satisfy one’s curiosity,” Markov noted. “Rather, it prepares beneficiaries so that they are not caught by surprise at the year-end by the results. In addition, we see the main value of this feature in providing pension CIOs valuable datapoints about their narrow set of close peers.” For additional information on MPI’s proprietary data, visit the Transparency Lab. For further information, contact MPI at +1 (908) 608-1558 or info@markovprocesses.com. About MPI Markov Processes International Inc. (MPI) is a leading provider of solutions for investment research, analysis and reporting to the global wealth and investment management industry. MPI works with more than 200 client organizations, including pensions and endowments, sovereign wealth funds, global wealth management firms, institutional consultants, regulators, investment advisors and asset managers. Rooted in the principles of transparency, objectivity, and efficiency, MPI takes an innovative approach to problem solving in the areas of fund analysis, risk management, asset allocation, and reporting to ensure that its clients have the tools to succeed in ever-more-crowded markets. Follow us on Twitter @MarkovMPI and connect with us on LinkedIn. Contact Details For MPI info@markovprocesses.com Company Website https://www.markovprocesses.com/

May 22, 2023 10:20 AM Eastern Daylight Time

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