Public pension plans
News and video about Public pension plans from Pensions & Investments
CalSTRS searching for private equity help
trueCalSTRS is searching for up to three private equity program consultants.
Arkansas Local Police and Fire earmarks combined $40 million for 2 funds
trueArkansas Local Police and Fire Retirement System, Little Rock, committed $20 million to KKR.
Texas County & District tacks on $130 million total to 2 funds
trueTexas County & District Retirement System, Austin, made a follow-on commitment of $100 million to York Global Credit Income Fund, confirmed spokesman Russ Rhea.
New Mexico PERA waiting for asset allocation study before issuing RFP
trueNew Mexico Public Employees Retirement Association, Santa Fe, canceled an RFP for global tactical asset allocation or multiasset class managers, according to a public notice on the pension fund's website.
New York State Common earmarks $10 million for in-state private equity
trueNew York State Common Retirement Fund, Albany, made a $10 million commitment to Tribeca Venture Partners through the pension fund's in-state private equity program, confirmed, Nikki Jones, a spokesman for state Comptroller Thomas DiNapoli, the sole trustee of the $173.2 billion pension fund.
Healthcare of Ontario Pension Plan reports 124% funded status, returns 8.55% in 2013
trueHealthcare of Ontario Pension Plan, Toronto, on Thursday reported a net funding ratio of 124% as of Dec. 31, up from 119% at the end of 2012.
El Paso fire and police pension fund approves $5 million for private equity
trueEl Paso (Texas) Firemen & Policemen Pension Fund committed $5 million to private equity fund Riverside Micro-Cap Fund III, managed by Riverside Co., confirmed Yolanda Carreon, deputy executive director.
Los Angeles Fire & Police to interview 9 managers of emerging managers
trueLos Angeles Fire & Police Pension System's board will be interviewing all nine firms that responded to its domestic equity manager-of-emerging managers search, said Tom Lopez, chief investment officer of the $17.5 billion pension fund, in an e-mail.
Nebraska Investment Council taps 2 as bank loan managers
trueNebraska Investment Council, Lincoln, hired bank loan managers Franklin Templeton Investments and Loomis Sayles to run about $28 million each.
New managing director joins OMERS Ventures
trueKent Thexton was named managing director at OMERS Ventures, the venture capital investment arm of the C$65.1 billion (US$58.9 billion) Ontario Municipal Employees Retirement System.
Jacksonville sticks with Summit Strategies Group
trueJacksonville (Fla.) City Retirement System rehired Summit Strategies Group as investment consultant.
Illinois SURS looking for consultant to analyze business continuity plans
trueIllinois State Universities Retirement System issued an RFP for consulting firms to review its business continuity plan and business impact analysis, as well as assisting in drafting an RFP for disaster recovery consulting services.
Wilshire: State pension plans' funding ratios increase to 75% in 2013
trueThe funding ratio of 134 state defined benefit plans rose three percentage points to 75% in the fiscal year ended June 30, according to a report from Wilshire Consulting.
Minnesota State Board of Investment commits $500 million to three funds
trueMinnesota State Board of Investment, St. Paul, on Tuesday approved committing a total of up to $500 million to three alternatives funds, subject to negotiation and final agreements.
Philadelphia Gas Works hunts for bond managers
truePhiladelphia Gas Works Retirement Reserve issued four RFPs for fixed-income managers.