Defined benefit plans
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Oklahoma Police puts $13.7 million into hedge fund, commits to debt fund
trueOklahoma Police Pension & Retirement System, Oklahoma City, invested and committed $21.2 million total in two funds.
LACERA launches real estate consultant search, commits to 2 private equity funds
trueLos Angeles County Employees Retirement Association is searching for a real estate consultant.
BNY Mellon settles Oregon-led class-action suit on foreign-exchange practices
trueOregon, on behalf of Oregon Public Employees Retirement Fund and Oregon Common School Fund, is settling a class-action lawsuit against Bank of New York Mellon Corp. for $180 million.
Utah Retirement Systems returns 7.52% in 2014, outpacing its benchmark
trueUtah Retirement Systems returned 7.52% in calendar year 2014, surpassing its benchmark return by 151 basis points and meeting its actuarial assumed rate of return.
North Carolina Retirement Systems gains 2% in quarter, 5.9% for year
trueNorth Carolina Retirement Systems, Raleigh, returned 2% in the first quarter of 2015 and 5.9% over the 12 months ended March 31.
New York State Common posts 7.16% return for fiscal year
trueThe New York State Common Retirement Fund returned an estimated 7.16% on investments for the fiscal year ended March 31.
Illinois Teachers invests in 2 managed futures strategies, earmarks $1.1 billion total
trueIllinois Teachers' Retirement System approved investments or commitments totaling up to $1.1 billion at a board of trustees meeting Friday.
CalPERS to launch pilot program for ESG criteria next month
trueCalPERS next month will begin a one-year pilot program of its sustainable investment guidelines, the latest phase in its multiyear project to integrate ESG manager expectations across all asset classes.
Tacoma Employees taps Pantheon for private equity separate account
trueTacoma (Wash.) Employees’ Retirement System hired Pantheon Ventures to run a $170 million private equity separate account.
U.K.'s Pensions Regulator highlights importance of employer contributions to plug deficits
truePension funds that cannot afford to take higher risk to help plug growing deficits should turn to their employer for increased contributions, so they do not have to extend their recovery plan end date, said The Pensions Regulator.
Ontario Teachers gives CEO interim CIO title
trueRon Mock, president and CEO of the Ontario Teachers' Pension Plan, will take over as interim chief investment officer of the C$154.4 billion ($128.5 billion) pension fund when current CIO Neil Petroff retires June 1.
San Diego County Employees Retirement Association names CIO
trueStephen Sexauer will join San Diego County Employees Retirement Association as chief investment officer on May 29.
North Carolina allocates $4.5 billion in new equity initiatives, commits $1.1 billion
trueNorth Carolina Retirement Systems hired two managers to run a total of $4.5 billion in new public equity initiatives and committed $1.1 billion to alternative funds.
Alameda-Contra Costa Transit District eliminates GTAA portfolio
trueAlameda-Contra Costa Transit District Retirement System is eliminating its global tactical asset allocation portfolio because of performance.
Atlanta General Employees taps emerging markets equity, global bond managers
trueAtlanta General Employees’ Pension Fund hired EARNEST Partners to manage a $37 million active emerging markets equity portfolio and Colchester Global Investments to manage a $74 million global fixed-income portfolio.