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Arizona Public Safety allocates $458 million to 5 managers
trueArizona Public Safety Personnel Retirement System approved a total of up to $458 million in commitments, direct investments and co-investments.
Illinois Teachers launches large-cap core, private equity consultant searches
trueIllinois Teachers’ Retirement System is searching for a large-cap core equity manager to run between $270 million and $540 million of the pension fund’s $9 billion U.S. equity portfolio.
Chicago Park Employees terminates K2 Advisors hedge fund of funds
trueChicago Park Employees' Annuity & Benefit Fund terminated hedge fund-of-funds manager K2 Advisors.
NYC Retirement Systems, TIAA-CREF join in lawsuits against American Realty
trueNew York City Retirement Systems and TIAA-CREF have joined a group of investors that allege American Realty Capital Properties, a real estate investment trust, and others violated federal securities laws.
Ruble, Ruble, Oil and Trouble
trueIt's natural to wonder if, like the three witches in Macbeth, the year's events are harbingers for additional strife and trouble. However, if one were to heed the negative headlines and "pack it in" for 2015, one is likely to miss the opportunities that currently present themselves as fear ...
Norfolk County Retirement looking for energy private equity manager
trueNorfolk County Retirement System, Canton, Mass., is searching for an energy private equity manager to run about $15 million.
Manchester, London pension funds partner to invest in U.K. infrastructure
trueGreater Manchester Pension Fund, Manchester, England, and London Pensions Fund Authority teamed up to commit up to £500 million ($755 million) to invest in infrastructure opportunities.
PennSERS earmarks $50 million to Francisco Partners fund
truePennsylvania State Employees' Retirement System committed up to $50 million to Francisco Partners IV, said Pamela Hile, spokeswoman for the $28 billion pension fund.
Landmark Partners closes 15th fund at $3.25 billion
trueLandmark Partners closed its Landmark Equity Partners XV with $3.25 billion.
Real estate investors ramping up risk, moving from commingled funds
trueReal estate investors are investing in riskier properties while accepting lower returns and longer periods of illiquidity or lockup periods, said speakers Wednesday at IMN's 12th Annual Winter Forum on Real Estate Opportunity & Private Fund Investing Conference in Laguna Beach, Calif.
Kansas Public Employees charts currency overlay search, commits $240 million
trueKansas Public Employees Retirement System will issue an RFP for a firm to provide currency overlay management services in the second half of 2015.
Preqin: Alternatives assets under management rise 11% in 2014
trueAlternative investment managers worldwide experienced an 11% increase in assets under management in 2014 to an aggregate $6.9 trillion, recently released data from Preqin show.
Pension funds, asset owners file BP shareholder proposal on climate change risk
trueA group of more than 150 global pension funds and other assets owners on Wednesday co-filed a shareholders proposal at BP PLC, calling for the company to assess and manage the risk of climate change on its business, including reforming executive compensation incentives, said members of the ...
HFR: Hedge fund assets reach another industry record
trueHedge fund assets rose 8.3% in 2014 to reach $2.85 trillion, a new industry high, a Hedge Fund Research analysis showed.
Alameda County narrows real estate consultant search
trueAlameda County Employees’ Retirement Association named Callan Associates, Courtland Partners and Townsend Group as finalists in its search for a real estate consultant.