Public pension plans
News and video about Public pension plans from Pensions & Investments
Illinois puts $1.1 billion to work right away
trueTeachers' Retirement System of the State of Illinois, Springfield, kicked off its 2015 fiscal year with investments and commitments totaling $1.1 billion and set the stage to tactically deploy at least another $1 billion with real estate and hedge fund managers.
San Bernardino County seeks emerging markets equity manager
trueSan Bernardino County (Calif.) Employees’ Retirement Association launched a search for two to three managers to run a total of $100 million to $200 million in active emerging markets equities.
CalSTRS picks firms for securities lending, cash collateral management
trueCalSTRS intends to award contracts to several firms to provide securities lending and cash collateral management services for its equity portfolio.
New Mexico PERA commits $50 million to KKR infrastructure fund
trueNew Mexico Public Employees Retirement Association committed up to $50 million to KKR Global Infrastructure Investors II, managed by KKR & Co..
Danville pension funds stick with Raymond James as consultant
trueDanville (Ill.) Firemen’s Pension Fund and Danville Police Pension Fund rehired Raymond James as investment consultant.
Chicago Laborers pension fund taps Progress as manager of emerging managers
trueChicago Laborers’ Annuity & Benefit Fund hired Progress Investment Management to run $100 million in the $1.4 billion pension fund’s manager of emerging managers program.
San Joaquin County to launch consultant search
trueSan Joaquin County Employees' Retirement Association is searching for an investment consultant.
AP2, AP3 reach record asset levels
trueAP2 saw its assets grow to a record 280.3 billion Swedish kronor ($40.3 billion), a 5.9% increase over the six months ended June 30. AP3 also announced a 5.5% increase in assets to a record 272.6 billion Swedish kronor.
Ann Arbor Employees chooses Russell for transition management
trueAnn Arbor (Mich.) Employees' Retirement System hired Russell Investments to handle the transition of $56 million in actively managed core fixed-income assets from terminated manager Bradford & Marzec.
Merced County narrows infrastructure search to 2 managers
trueMerced County (Calif.) Employees’ Retirement Association named KKR & Co. and Morgan Stanley Investment Management as finalists in its search for an infrastructure manager to run up to $20 million.
New Mexico PERA lines up custodian search
trueNew Mexico Public Employees Retirement Association is expected to launch an RFP for a custodian on Sept. 2.
Wyoming Retirement System signs private equity, hedge fund managers
trueWyoming Retirement System committed $75 million to Oaktree Real Estate Debt Fund, a private real estate debt fund managed by Oaktree Capital Management.
Nebraska Investment Council earmarks $60 million for UBS real estate fund
trueNebraska Investment Council committed $60 million to UBS Trumbull Property Income Fund, managed by UBS Realty Investors.
San Antonio Fire & Police issues call for unconstrained bond manager
trueSan Antonio Fire & Police Pension Fund approved a search for an unconstrained fixed-income manager.
Ohio Police & Fire commits $115 million to 2 funds
trueOhio Police & Fire Pension Fund, Columbus, committed up to $75 million to a direct lending fund managed by Tennenbaum Capital Partners.