Public pension plans
News and video about Public pension plans from Pensions & Investments
Uebelein has big shoes to fill at AIMCo
trueKevin Uebelein, who on Nov. 19 was named the new CEO of the C$76 billion (US$70 billion) Alberta Investment Management Corp., has some big shoes to fill. But AIMCo’s chairman said he’s a perfect fit to make the money manager more “client-centric.”
New GASB rules result in New Jersey's funded status plummeting to 44%
trueNew Governmental Accounting Standards Board regulations have led to a big dip to an already-low funded status for the New Jersey Pension Fund.
New Hampshire Retirement goes with Manulife for global bond strategy
trueNew Hampshire Retirement System hired Manulife Asset Management to run $200 million in an active global multisector fixed-income portfolio.
Murrysville, Pa., calling for private equity fund-of-funds manager
trueMurrysville (Pa.) Combined Pension Plan is seeking a private equity fund-of-funds manager to run approximately $2 million.
Cincinnati Retirement System issues investment consultant RFP
trueCincinnati Retirement System is searching for an investment consultant.
Ohio School Employees earmarks $110 million to 3 funds
trueOhio School Employees Retirement System made three new commitments totaling $110 million.
Hinsdale Firefighters Pension Fund picks Sawyer Falduto Asset Management
trueHinsdale (Ill.) Firefighters’ Pension Fund hired Sawyer Falduto Asset Management to provide investment management services.
Texas Teachers puts $200 million toward car dealership co-investment
trueTexas Teacher Retirement System committed $200 million to BSREP CARS Co-Invest Pooling fund.
Milwaukee County Employees to launch hedge fund searches
trueMilwaukee County Employees’ Retirement System authorized separate searches for managers of long/short equity funds of funds to manage a total of $120 million and hedged equity to manage $60 million.
NYC comptroller seeks review of asset management office, preps consultant search
trueNew York City comptroller's office is searching for a firm to conduct a management and operation review of the Bureau of Asset Management, the unit responsible for assisting the boards of the five pension funds that make up the New York City Retirement Systems.
New York State Common returns -0.52% for quarter
trueNew York State Common Retirement Fund returned -0.52% for the quarter ended Sept. 30.
North Carolina returns dip in third quarter, but up 9.4% for last 12 months
trueNorth Carolina Retirement Systems returned 9.4% for the 12-month period ended Sept. 30, but the $88.4 billion fund lost 1% in the quarter.
Austin City Employees hires executive director from Texas Pension Review Board
trueChristopher D. Hanson was named executive director of the $2.1 billion Austin (Texas) City Employees’ Retirement System.
Austin Police Retirement collars Permal Group for hedge fund of funds
trueAustin (Texas) Police Retirement System hired Permal Group to manage $31 million in a hedge fund-of-funds fixed-income strategy.
Los Angeles County slates up to $100 million for buyout fund
trueLos Angeles County Employees Retirement Association committed up to $100 million to Siris Partners III, a buyout fund managed by Siris Capital Group.