Not-for-profit pension plans
News and video about Not-for-profit pension plans from Pensions & Investments
Canada Pension Plan, APG in South Korean real estate joint venture
trueCanada Pension Plan Investment Board and APG Asset Management established a $500 million joint venture platform to invest in real estate across South Korea.
Merchant Navy Ratings Pension Fund taps Towers Watson as fiduciary manager
trueMerchant Navy Ratings Pension Fund hired Towers Watson as fiduciary manager.
Oundle School completes partial pension buyout with Canada Life
trueThe Pension and Life Assurance Plan for Non-Teaching Staff of Oundle School, Peterborough, England, completed a £5 million ($7.7 million) bulk annuity transaction with Canada Life.
Memphis Light, Gas & Water extinguishes both emerging market debt managers
trueMemphis Light, Gas & Water Division, Memphis, Tenn., terminated emerging markets debt managers Pacific Investment Management Co. and TCW Group, recently released pension board meeting minutes said.
Boeing private equity director joins Wespath Investment Management
trueMark Warren left Boeing Co. as director of private equity to join Wespath Investment Management, the investments division of the Glenview, Ill.-based $21 billion General Board of Pension and Health Benefits of The United Methodist Church.
Brazos River Authority trawling for DB plan consultant
trueBrazos River Authority, Waco, Texas, is searching for an investment consultant for its frozen defined benefit plan.
Baystate Health hires Summit Strategies as partial discretionary consultant
trueBaystate Health, Springfield, Mass., hired Summit Strategies as investment consultant for the company's $1.7 billion portfolio.
American Red Cross searching for 3 positions in investment office
trueAmerican Red Cross, Washington, is searching for candidates for three positions in its investment organization that oversees $3.9 billion.
Cardiff University calling for administrator, consultant
trueCardiff University Pensions Fund is searching for a provider of administration, actuarial and consultancy services, and for an investment consultant, for the defined benefit plan.
U.K.’s Civil Aviation Authority pension fund does £1.6 billion buy-in
trueCivil Aviation Authority Pension Scheme, London, completed a £1.6 billion ($2.5 billion) buy-in with Rothesay Life.
Hartford HealthCare puts $49 million with 2 managers
trueHartford HealthCare committed $27 million to Stockbridge Value Fund II, a value-added hedge fund that invests in real estate managed by Stockbridge Capital Group and $22 million to Long Pond Capital QP Fund, a global value real estate fund managed by Long Pond Capital.
United Church of Christ to divest from companies profiting from Israeli occupation
trueUnited Church of Christ on Tuesday adopted a resolution calling for divestment from companies that profit from the Israeli occupation of the West Bank and Gaza, a measure that would affect the $3.3 billion in assets of the Pension Boards-United Church of Christ Inc., New York.
United Nations seeks custodian for pension fund, endowment
trueUnited Nations Investment Management Division is searching for a global custodian and master record keeper for its pension fund and endowment.
Ascension class-action settlement proposed in church plan lawsuit
truePlan participants challenging Ascension Health Alliance's church plan status have agreed to settle, according to preliminary settlement documents filed May 7.
Church of England divests from thermal coal, tar sands companies
trueThe Church Commissioners and The Church of England Pensions Board, London, will divest £12 million ($17.9 million) of exposure to thermal coal and tar sands.