Public pension plans
News and video about Public pension plans from Pensions & Investments
Rhode Island investment commission to require transparency from money managers
trueRhode Island State Investment Commission, Providence, approved a new investment policy put forth by state Treasurer Seth Magaziner requiring transparency from investment managers, said Mr. Magaziner.
Ohio Bureau of Workers' Compensation ups allocations to 3 core real estate funds
trueOhio Bureau of Workers’ Compensation, Columbus, made follow-on commitments totaling $200 million to three open-end core real estate funds as a result of an increase in the real estate allocation in the $23 billion State Insurance Fund, spokeswoman Melissa Vince said in an e-mail.
Arizona Public Safety allocates $60 million each to private equity, hedge funds
trueArizona Public Safety Personnel Retirement System made a $60 million direct investment in GSA Trend Risk Premia Fund, a hedge fund managed by GSA Capital Partners.
Dallas Employees puts Aberdeen on watch, conducting shortlist consultant search
trueDallas Employees' Retirement Fund put Aberdeen Asset Management on watch for performance, said recently released board meeting minutes.
Louisiana State Employees puts $50 million more with EnTrust Capital
trueLouisiana State Employees’ Retirement System, Baton Rouge, invested an additional $50 million in EnTrust Capital’s hedge fund-of-funds portfolio, said recently released investment committee minutes.
2 Canadian pension funds start renewable energy, water infrastructure firm with Santander
trueOntario Teachers’ Pension Plan, Toronto, and the Public Sector Pension Investment Board, Montreal, teamed up with Banco Santander to launch a firm to manage and invest in renewable energy and water infrastructure assets globally.
New Jersey commits nearly $1.2 billion, redeems 2 hedge funds
trueThe New Jersey Division of Investment committed up to $1.175 billion for the $79.2 billion New Jersey Pension Fund.
Texas County & District makes commitment to distressed debt fund
trueTexas County & District Retirement System committed €45 million ($52 million) to AnaCap Credit Opportunities III.
Chevron shareholders support proxy-access proposal; near majority at Exxon Mobil
trueChevron Corp. shareholders voted 55% in support of a proxy-access proposal, while Exxon Mobil Corp. shareholders voted 49.4% in favor of a similar access proposal, according to preliminary voting results of the companies' annual meetings Wednesday.
Ohio School Employees signs Western Asset for high-yield credit energy strategy
trueOhio School Employees Retirement System, Columbus, hired Western Asset Management Co. to run $50 million in a high-yield credit energy strategy.
Vernon Hills Police Pension Fund on lookout for consultant
trueVernon Hills (Ill.) Police Pension Fund is searching for an investment consultant.
Texas Employees to look for high-yield manager
trueTexas Employees' Retirement System will search for a high-yield manager this summer to replace Fountain Capital Management, which managed $261 million and closed in February.
Nashville & Davidson County makes new commitments totaling $180 million
trueNashville (Tenn.) & Davidson County Metropolitan Government Employee Benefit Trust Fund made five new commitments totaling $180 million.
Kentucky Retirement Systems taps 3 for $195 million in alternatives
trueKentucky Retirement Systems committed $195 million to three alternatives firms.
Kentucky Retirement Systems issues call for executive search firm
trueKentucky Retirement Systems is looking for an executive search firm to conduct a search for an executive director.