Public pension plans
News and video about Public pension plans from Pensions & Investments
New Jersey investment council exempts Prologis exec on pay-to-play violation
trueThe New Jersey State Investment Council on Thursday granted an exemption to Prologis regarding a policy against political contributions from money managers that do business with the $76.8 billion New Jersey Pension Fund.
New Jersey slates nearly $2 billion in commitments, including $1 billion to Blackstone
trueNew Jersey Division of Investment, which manages investments for the $76.8 billion New Jersey Pension Fund, is expanding its relationship with Blackstone Group, adding several new commitments worth up to $1.05 billion.
Sacramento County pension fund CIO moving to University of California
trueScott Chan, chief investment officer at the $7.7 billion Sacramento County (Calif.) Employees' Retirement System, has been named senior managing director of public equities in the University of California's investment office.
San Antonio Fire & Police putting $60 million into private debt, real estate funds
trueSan Antonio Fire & Police Pension Fund committed $60 million total to five funds.
CPPIB commits C$330 million to Canadian private equity fund of funds
trueCanada Pension Plan Investment Board committed C$330 million (US$260 million) to a new Canadian private equity fund of funds managed by Northleaf Capital Partners.
Hawaii Employees moving bond managers to new risk-based allocation
trueHawaii Employees’ Retirement System, Honolulu, is in the process of transitioning its fixed-income managers to two of its four new risk-based categories.
Canadian pension funds post 11.9% return in 2014 despite oil drop — survey
trueCanadian defined benefit plans’ investments weathered a late-year drop in oil prices and geopolitical tensions to return 11.9% for 2014, based on RBC Investor & Treasury Services’ quarterly survey.
Ohio Police & Fire earmarks nearly $50 million for Rhone private equity fund
trueOhio Police & Fire Pension Fund committed €43 million ($48.9 million) to Rhone Partners V, a private equity fund.
New York State Common commits $2.36 billion in fourth quarter
trueNew York State Common Retirement Fund made 13 commitments and investments during the fourth quarter of 2014 totaling about $2.36 billion.
Roanoke trawls for investment consultant
trueRoanoke (Va.) Pension Plan is searching for an investment consultant.
San Luis Obispo County slates $30 million for open-end real estate fund
trueSan Luis Obispo County (Calif.) Pension Trust committed $30 million to American Strategic Value Realty Fund, a value-added, open-end real estate fund managed by American Realty Advisors.
FRR seeks corporate bond managers to run $9.6 billion
trueFonds de Reserve pour les Retraites is searching for one or more managers to run a combined €8.5 billion ($9.6 billion) in euro- and U.S. dollar-denominated corporate bonds.
Colorado PERA considering asset allocation changes
trueColorado Public Employees' Retirement Association is working on an implementation plan for potential asset allocation changes.
CPPIB promotes chief talent officer to oversee external partnership division
truePierre Lavallee was named senior managing director and global head of investment partnerships at the C$234.4 billion (US$189.1 billion) Canada Pension Plan Investment Board.
San Joaquin County taps PCA as new investment consultant
trueSan Joaquin County Employees’ Retirement Association hired Pension Consulting Alliance as investment consultant, effective no later than April 1.