The Fourth HorseThe Fourth Horse

Ensign Peak Advisors

Role

Organization — LDS Church Investment Arm

Bio Notes

DOCUMENTED. 2023 SEC settlement: $5M combined fine (Church + Ensign Peak) for hiding a $32B investment portfolio behind shell companies 1997-2019 to avoid Form 13F public disclosure. Used in the series as evidence that institutional secrecy at scale is standard operating procedure for the LDS Church, not a one-off. Source: SEC press release Feb 21 2023.

Themes

DEMOGRAPHICSINTELLIGENCE/ENFORCEMENTTHEOLOGY

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