Tennessee Consolidated Retirement System, Nashville, will add new 5% allocations each to emerging markets equities and strategic lending following approval Sept. 28 for the move by the $34.8 billion pension fund's board.

Connecticut Retirement Plans & Trust Funds, Hartford, issued an RFP for at least one firm to provide global trust/custody, securities lending, foreign exchange and risk management services.

Bank of New York Mellon lost a bid to dismiss a lawsuit by two Detroit public pension plans alleging it mishandled the pension funds' investments in Lehman Brothers Holdings while persuading a judge to narrow the claims in the case.

Kentucky Retirement Systems, Frankfort, is searching for a global custodian, confirmed T.J. Carlson, chief investment officer of the $13.7 billion pension fund.Incumbent Northern Trust is invited to rebid.A firm will be hired to provide global custodial services, record keeping, accounting

Texas Municipal Retirement System rehired State Street as global custodian and hired Deutsche Bank as securities lending agent.

Illinois State Universities Retirement System, Champaign, rehired Northern Trust as global custodian.

A lawsuit claiming that Pension Consulting Alliance failed to monitor a Northern Trust investment from the Los Angeles City Employees' Retirement System could have implications for investment consultants.

Concordia University, Montreal, hired CIBC Mellon as custodian for its pension plan and foundation.

Wells Fargo must face a class-action lawsuit by institutional investors who claim the bank marketed a risky securities-lending program it said was safe.

Northern Trust's third-party complaint that the boards of trustees of four pension funds were responsible for losses incurred from the firm's securities lending program was dismissed.

Illinois Teachers' Retirement System authorized a search for the $36 billion system's first third-party securities lending agent.