Public pension plans
News and video about Public pension plans from Pensions & Investments
Indiana Public Retirement puts $450 million with 6 managers, considers new asset allocation
trueIndiana Public Retirement System committed and invested $450 million total with six managers.
Orange County Employees eliminates global bond allocation, boosts diversified credit
trueOrange County Employees Retirement System adopted a new asset allocation that eliminates a 2% target to global fixed income, lowers its real-return target allocation to 8% from 10% and increases its diversified credit target to 14% from 10%.
Illinois Municipal picks transition managers
trueIllinois Municipal Retirement Fund selected BlackRock, Loop Capital Markets, Northern Trust, Penserra Capital Management, Russell Investments and State Street to be placed on a list of transition managers to be chosen on a case-by-case basis.
Lancashire County chooses pool of 13 consultants to advise across asset classes
trueLancashire County Council Pension Fund chose a pool of 13 consultants to advise on various asset classes and investment themes on an as-needed basis.
Ohio Public Employees taps NewSouth Capital for midcap equities
trueOhio Public Employees Retirement System hired NewSouth Capital Management to run $300 million in active domestic midcap equities.
Canadian pension funds line up against Barrick Gold executive compensation
trueThe C$238.8 billion ($194.9 billion) Canada Pension Plan Investment Board, C$154.4 billion Ontario Teachers' Pension Plan and C$114 billion British Columbia Investment Management Corp. said they will vote against Barrick Gold Corp.'s non-binding say-on-pay vote for its executive compensation.
Oklahoma Teachers rehires investment consultant
trueOklahoma Teachers' Retirement System rehired gregory.w.group as its investment consultant.
MassPRIM promotes new deputy CIO from within
trueSarah Samuels was named deputy chief investment officer at the $61 billion Massachusetts Pension Reserves Investment Management Board.
OPTrust investments return 12% in 2014, nearly double custom benchmark
trueOPTrust, which manages assets of the Ontario Public Service Employees Union Pension Plan, returned 12% in 2014, vs. its custom benchmark’s 6.2% return and its 2013 return of 11.7%.
Arizona Public Safety sets $250 million for 4 managers
trueArizona Public Safety Personnel Retirement System is making four new commitments and investments of up to a total of $250 million.
Chicago Metropolitan Water fund preps emerging manager equity search
trueChicago Metropolitan Water Reclamation District Retirement Fund plans to issue an RFP Monday for emerging domestic equity managers to run about $26 million each, or 2% of the pension fund’s total assets.
Merced County Employees picks energy, natural resources funds
trueMerced County (Calif.) Employees’ Retirement Association made two new commitments totaling $12.5 million.
Tulare County to launch hedge fund-of-funds search by end of June
trueTulare County Employees’ Retirement Association expects to launch a search for a hedge fund-of-funds manager by the end of June.
Los Angeles County putting $200 million in Blackstone Capital Partners VII
trueLos Angeles County Employees Retirement Association committed up to $200 million to buyout fund Blackstone Capital Partners VII.
South Carolina commits $375 million to 2 real estate funds
trueSouth Carolina Retirement System Investment Commission committed a total of up to $375 million to real estate managers on behalf of the $29.5 billion South Carolina Retirement Systems.