Public pension plans
News and video about Public pension plans from Pensions & Investments
Investors seek political contribution disclosure, end to exec tax payment at FedEx
trueFedEx Corp. shareholders face separate proxy proposals from the New York City Retirement Systems and the International Brotherhood of Teamsters General Fund, calling for, respectively, disclosure of the company's political contributions and an end to paying personal taxes executives own on the ...
University of California pension fund gains 17.4% for fiscal year
trueUniversity of California Retirement Plan returned a net 17.4% for the fiscal year ended June 30, surpassing its policy benchmark of 17.12%.
San Diego County to vote on terminating outsourced CIO
trueSan Diego County Employees Retirement Association board is to decide at its Oct. 2 board meeting whether to terminate its contract with its outsourced CIO, Salient Partners.
UAW Retiree Medical Benefits Trust CIO resigns
trueKenneth Frier resigned as chief investment officer of the $56 billion UAW Retiree Medical Benefits Trust to “pursue another opportunity.”
Texas Teachers commits $2.1 billion to 17 funds
trueTexas Teacher Retirement System committed a total of $2.1 billion to 17 private market funds in the quarter ended June 30.
CalPERS makes Eliopoulos permanent CIO
trueTheodore "Ted" Eliopoulos was named permanent chief investment officer of CalPERS
University of California to plan private equity stake sale
trueThe Regents of the University of California is looking to sell about $500 million in older private equity fund stakes after valuations of the holdings jumped, according to two people with knowledge of the matter.
PennSERS moving $100 million to 3 funds
truePennsylvania State Employees' Retirement System made three new commitments totaling up to $100 million.
L.A. Fire & Police commits $10 million to private equity fund
trueLos Angeles Fire & Police Pension Plan committed $10 million to Stripes Group’s private equity fund Stripes Growth III.
Chicago Laborers' picks Chicago Muni CIO as new executive director
truestrong>Michael P. Walsh was named executive director of the $1.4 billion Chicago Laborers’ Annuity & Benefit Fund, effective Oct. 1.
Watch P&I's Resnick discuss CalPERS on PBS
truePensions & Investments' Executive Editor Amy Resnick appeared on PBS' “Nightly Business Report produced by CNBC” to discuss CalPERS' decision to eliminate its hedge fund portfolio.
Norway city taps Storebrand as manager for new pension fund
trueThe municipal council in Asker, Norway, hired Storebrand Asset Management to run the operation and investment management of its newly established pension fund.
Plumbers & Steamfitters union sues over AbbVie, Shire merger
truePlumbers & Steamfitters Local 60 Pension Plan, Metairie, La., filed a class-action lawsuit on Monday against AbbVie Inc., several AbbVie executives and Shire PLC regarding the combination of the two firms.
Ontario Teachers acquires remaining 50% share of Bristol Airport
trueOntario Teachers' Pension Plan said Wednesday it will become the sole owner of Bristol International Airport in England after agreeing to buy the 50% share held by Macquarie Group.
Aurora Employees starts search for investment consultant
trueAurora (Colo.) General Employees' Retirement Plan is searching for an investment consultant.