Defined benefit plans

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  1. Christian Brothers don't want Buffett on Berkshire Hathaway's board

    trueChristian Brothers Investment Services is opposing the election of all Berkshire Hathaway Inc. directors, including Warren E. Buffett, chairman and CEO.

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  1. Austin Police Retirement System names 4 finalists in midcap equity search

    trueAustin (Texas) Police Retirement System selected finalists in its search for active domestic midcap equity managers, CEO Sampson Jordan wrote in an e-mail.

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  2. Treasury Department starting unit that includes oversight of public pension funds

    trueThe Treasury Department is creating an Office of State and Local Finance to coordinate the department's efforts to oversee developments in state and local financial markets, including public pension fund liabilities.

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  3. Detroit Police & Fire Retirement System trustees approve pension deal

    trueTrustees of the $3.4 billion Detroit Police & Fire Retirement System on Thursday morning approved the economic terms of a settlement that will eliminate the pension cuts included in the city's revised bankruptcy recovery plan, filed April 1 in U.S. Bankruptcy Court in Detroit.

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  4. Milwaukee Employes' Retirement initiates search for first hedge fund of funds

    trueCity of Milwaukee Employes' Retirement System authorized a search for a hedge fund-of-funds manager to run $100 million, its first allocation to hedge funds.

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  5. Ohio PERS taps Aberdeen for $850 million emerging markets debt allocation

    trueOhio Public Employees Retirement System hired Aberdeen Asset Management to run about $850 million in active emerging markets debt.

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  6. BP Pension Trustees appoint interim CEO

    trueDavid Rix was named interim CEO of BP Pension Trustees.

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  7. New York State Common commits to One Rock Capital Partners

    trueNew York State Common Retirement Fund committed $15.2 million to private equity fund One Rock Capital Partners.

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  8. San Diego County Employees to set new asset allocation

    trueSan Diego County Employees Retirement Association's investment board is scheduled to select a new asset mix, according to the agenda for the $9.5 billion pension fund's Thursday board meeting.

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  9. Riviera Beach retirement system resolves lawsuit with Aaron's Inc.

    trueRiviera Beach (Fla.) General Employees' Retirement System preliminarily resolved a lawsuit it filed against Aaron's Inc. and its directors accusing the company of illegally restructuring its board in favor of management to deflect a proxy contest and possible takeover.

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  10. Detroit pension funds reach tentative deals on pension benefit cuts

    trueDetroit's two public employee pension funds reached separate tentative agreements regarding pension benefit cuts included in the city's revised bankruptcy recovery plan, filed April 1 in U.S. Bankruptcy Court in Detroit.

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  11. Louisiana Municipal Police Employees targets high-yield, emerging markets debt searches

    trueLouisiana Municipal Police Employees' Retirement System will search for a domestic high-yield fixed-income manager to run about $83 million and an active emerging markets debt manager to run about $52 million.

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  12. Tennessee Consolidated hunts for real estate consultant

    trueTennessee Department of the Treasury is searching for a real estate consultant for the $40 billion Tennessee Consolidated Retirement System.

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  13. Florida State Board allocates nearly $1 billion to alternatives

    trueFlorida State Board of Administration allocated almost $1 billion to alternative investments, including secondary funds and hedge funds.

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