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Principal Financial Group
Principal Financial Group is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, U.S. Business operations Four segments comprise the company: Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions. The company employs roughly 9,000 people in Des Moines, Iowa, and owns and operates several buildings in the downtown area. The tallest, known as 801 Grand, is 45 stories tall (192m/630 ft), and houses many other companies in addition to Principal. As of March 2014, Principal employed 14,600 employees worldwide, with its Global Delivery center, Principal Global Services, in Pune, Maharashtra, India. Principal also has a lobbyist registered in the Iowa Legislature since December 2016. He is designated to lobby the Executive Branch of the Government of Iowa. In 2019, Principal purchased Wells Fargo's institutional retirement and trust business (including 401k, pe ...
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801 Grand
801 Grand High Rise Building (referred to as the 801 Grand Building and previously known as The Principal Building), is a 45-story skyscraper in Des Moines, Iowa, Des Moines, Iowa, United States, operated and managed by JLL (company), JLL Americas and owned by Principal Financial Group, Principal Financial Group (Principal Real Estate). The 801 Grand Building was constructed in 1989 and is the tallest building in Iowa. The building is part of a larger downtown campus run by Principal Financial Group and features a Skyway, skywalk and a eight-sided copper pyramid at its top. History Construction of 801 Grand Building began in 1989 with Principal Financial Group serving as the developers and owners. The building was designed by HOK (firm), Hellmuth Obata and Kassabaum. During the design phase of the building, the tower was designed to house office spaces and blend with the architecture of the local area. The tower cost $70 million to construct with an additional $19 million parki ...
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Elliott Investment Management
Elliott Investment Management is an American investment management firm. It is also one of the largest activist funds in the world. It is the management affiliate of American hedge funds Elliott Associates L.P. and Elliott International Limited. The Elliott Corporation was founded by Paul Singer, who is CEO of the management company, based in New York City. As of the first quarter of 2015, Elliott's portfolio is worth over $8 billion. By 2009 "more than one-third of Elliott’s portfolio was concentrated in distressed securities, typically in the debt of bankrupt or near-bankrupt companies." In October 2020 Singer announced that his firm was relocating its headquarters to West Palm Beach, Florida. Overview Singer created Elliott Associates in January 1977, starting with $1.3 million from friends and family and choosing the Elliott brand as it is his middle name. In its earliest years, the firm focused on convertible arbitrage. Since the 1987 stock market crash and early 19 ...
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Financial Services Companies Of The United States
Finance is the study and discipline of money Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are as ..., currency and capital assets. It is related to, but not synonymous with economics, the study of Production (economics), production, Distribution (economics), distribution, and Consumption (economics), consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in Financial system, financial systems at various scopes, thus the field can be roughly divided into Personal finance, personal, Corporate finance, corporate, and public finance. In a financial system, assets are bought, sold, or traded as Financial instrument, financial instruments, such as Currency, currencies, Loan, loans, Bond (finance), bonds, Shar ...
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1879 Establishments In Iowa
Events January–March * January 1 – The Specie Resumption Act takes effect. The United States Note is valued the same as gold, for the first time since the American Civil War. * January 11 – The Anglo-Zulu War begins. * January 22 – Anglo-Zulu War – Battle of Isandlwana: A force of 1,200 British soldiers is wiped out by over 20,000 Zulu warriors. * January 23 – Anglo-Zulu War – Battle of Rorke's Drift: Following the previous day's defeat, a smaller British force of 140 successfully repels an attack by 4,000 Zulus. * February 3 – Mosley Street in Newcastle upon Tyne (England) becomes the world's first public highway to be lit by the electric incandescent light bulb invented by Joseph Swan. * February 8 – At a meeting of the Royal Canadian Institute, engineer and inventor Sandford Fleming first proposes the global adoption of standard time. * March 3 – United States Geological Survey is founded. * March 11 – Th ...
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Financial Services Companies Established In 1879
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ...
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Companies Based In Des Moines, Iowa
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Companies Listed On The Nasdaq
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Principal Mutual Fund India
Principal Mutual Fund is a daughter venture of Principal Financial Group, a global financial company, based out in United States. []. History On 25 November 1994, it constituted trust in accordance with the Indian Trusts Act, 1992. Industrial Development Bank of India (IDBI) initially set up the fund by the execution of a deed under which IDBI was the only Sponsor, Settlor, and Principal Trustee, with an initial amount of Rs. 1 lakh and an additional amount of Rs. 24.99 crore was settled as the trust corpus. Principal Financial Services Inc., USA, along with IDBI, became the deemed sponsor by acquiring a 50% stake in IDBI-Principal Asset Management Company Limited On 21 March 2000. Principal Financial Services Inc. USA acquired a 100% stake in IDBI-PRINCIPAL Trustee Company On 23 June 2003. On 5 May 2004 – Vijaya Bank and Punjab National Bank became equal shareholders of the Trustee Company. Subsequently, Vijaya Bank and Punjab National Bank held 5%, 30% respectively of th ...
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List Of United States Insurance Companies
This is a list of insurance companies based in the United States. These are companies with a strong national or regional presence having insurance as their primary business. In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship. In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in the United States by 1989. U.S. insurance companies Property and casualty insurance Life and annuity * Aflac * Allianz Life * Allstate * American Family Insurance * American Fidelity Assurance * American Income Life Insurance Company * Ameritas Life Insurance Company * Amica Mutual Insurance * Assurity Life Insurance Company * AXA Equitable Life Insurance Co ...
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Principal Charity Classic
The Principal Charity Classic is an annual PGA Tour Champions golf tournament in Des Moines, Iowa. It has been held at the William Langford-designed Wakonda Club since 2013. Founded in 2001 as the Allianz Championship, that name has been used by another tournament in Florida since 2007. The Principal Charity Classic, which raises money for Iowa children's charities, donated a record $6.7 million in 2020. This brought the event's charitable giving total to more than $30 million since 2007. In September 2017, Principal announced the renewal of its title sponsorship through 2023. The event will remain at Wakonda Club. Tournament venues *2001–2004: Glen Oaks Country Club, West Des Moines, Iowa *2005: Tournament Club of Iowa, Polk City, Iowa *2006–2012: Glen Oaks Country Club, West Des Moines, Iowa *2013–present: Wakonda Club, Des Moines, Iowa Course layout Wakonda Club Winners Notes Multiple winners Two players have won this tournament more than once through 2019. *3 ...
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Principal Park
Principal Park, formerly Sec Taylor Stadium, is a minor league baseball stadium in Des Moines, Iowa. It is the home field of the International League's Iowa Cubs. Features Principal Park is at the confluence of the Des Moines River and the Raccoon River in downtown Des Moines. The stadium seats 11,500 fans, with 4,088 club seats and has 45 luxury suites, 12 of which are in a building in left field that also houses the Cub Club restaurant. The Iowa State Capitol building is visible from beyond the center field fence, while some seats also provide views of the Des Moines skyline. History The first ballpark at this site was Pioneer Memorial Stadium in 1947. It was renamed Sec Taylor Stadium in honor of longtime ''Des Moines Register'' sports editor Garner "Sec" Taylor on September 2, 1959. The park served as home of the Des Moines Bruins of the Class A Western League (1947–1958) and the Des Moines Demons of the Class B Three–I League (1959–1961). It became the home of the ...
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Principal Riverwalk
Principal Riverwalk is a recreational park district along the banks of the Des Moines River in Des Moines, Iowa. After eight years of work, it was completed in January 2013. Funded by the city of Des Moines, Principal Financial and the Iowa state government, Principal Riverwalk features a 1.2 mile recreational trail connecting the east and west sides of downtown via two pedestrian bridges. Trails connect the Court Avenue District, CBD, East Village, Greater Des Moines Botanical Garden, Iowa Events Center and Gray's Lake with other metro area recreational trails. A landscaped promenade along the street level connects the riverfront amphitheater and several plazas, including an outdoor ice skating rink and summertime fountain plaza. A series of civic gardens with sculptures are located near Des Moines City Hall. Meredith Corporation contributed $2 million to fund the Meredith Trail, a pathway connecting Gray's Lake with the MLK Trail via the George Washington Carver Bridge De ...
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