Defined benefit plans
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Cambridge Retirement System looking for private equity secondaries manager
trueCambridge (Mass.) Retirement System is searching for a private equity secondaries manager to run about $40 million.
Kentucky Teachers commits $200 million total to 3 managers
trueentucky Teachers' Retirement System committed a total of $200 million to three managers.
Davie Police pension fund launches search for large-cap value firm
trueDavie (Fla.) Police Officers’ Pension Plan is searching for a long-only, domestic large-cap value equity manager to run $15 million.
Oklahoma Municipal drops Barings for international growth
trueOklahoma Municipal Retirement Fund terminated Baring Asset Management as an active international growth equity manager.
Iowa Municipal Fire & Police signs Dodge & Cox for fixed income
trueIowa Municipal Fire & Police Retirement System hired Dodge & Cox to manage $72 million in core-plus fixed income.
Charles Valdes, former CalPERS trustee, dead at 74
truestrong>Charles P. “Chuck” Valdes, a former board member with the $298 billion California Public Employees' Retirement System, has died.
Northern York County police issues call for consultant, manager
trueNorthern York County Regional Police Pension Fund is searching for an investment consultant and manager.
Pensions Trust taps Ownership Capital for global equity
trueThe Pensions Trust, Leeds, England, hired Ownership Capital to run £130 million ($211 million) in active global equities.
New Jersey rehires Cliffwater as hedge fund consultant
trueNew Jersey Division of Investment rehired Cliffwater as hedge fund consultant.
Indiana changes small-cap value equity lineup
trueIndiana Public Retirement System hired Artisan Partners to run $241 million in active domestic small-cap value equities and rehired TimesSquare Capital Management to run the same amount in small-cap growth.
CalPERS dumping hedge funds
trueThe $298 billion California Public Employees' Retirement System, Sacramento, will completely close its $4 billion hedge fund portfolio.
Los Angeles City Employees lines up new real estate commitments
trueLos Angeles City Employees’ Retirement System plans to commit $140 million to four new open-end core real estate funds this year and make $50 million in additional commitments in 2015, minutes from the pension fund’s Aug. 26 board meeting show.
Virginia Retirement System returns 15.7% for fiscal year
trueVirginia Retirement System, Richmond, reported net investment returns of 15.7% for the fiscal year ended June 30, boosting assets to a record $66 billion.
Wilshire: City and county pension funding ratios climb to 73% in 2013
trueThe aggregate funding ratio of U.S. city and county pension plans rose to 73% in fiscal year 2013, up from 69% in 2012, said a report from Wilshire Consulting.
CalSTRS private equity manager leaves to head new CalPERS unit
trueMahboob Hossain joined the $298 billion California Public Employees' Retirement System as a senior portfolio manager.