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Kelso Fund X Announces Investment in Newport Group

September 13, 2018

Kelso is pleased to announce that on September 13, 2018 we acquired Newport Group.   Newport is one of the largest independent providers of retirement services in the U.S., with over one million employee participants and more than $160 billion in assets under administration. The company’s services include retirement plan recordkeeping and administration, insurance distribution, and consulting services related to retirement plans.