New Jersey Division of Investment
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New Jersey clears Massachusetts governor of pension fund pay-for-play violations
trueThe New Jersey Department of Treasury cleared Massachusetts Gov. Charlie Baker of violating the state's pay-for-play guidelines regarding political contributions by investment management executives whose firms do business with the $76.8 billion New Jersey Pension Fund.
New Jersey investment council exempts Prologis exec on pay-to-play violation
trueThe New Jersey State Investment Council on Thursday granted an exemption to Prologis regarding a policy against political contributions from money managers that do business with the $76.8 billion New Jersey Pension Fund.
New Jersey slates nearly $2 billion in commitments, including $1 billion to Blackstone
trueNew Jersey Division of Investment, which manages investments for the $76.8 billion New Jersey Pension Fund, is expanding its relationship with Blackstone Group, adding several new commitments worth up to $1.05 billion.
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 Jersey earmarks $100 million for Asia real estate fund
trueNew Jersey Division of Investment committed $100 million to Real Estate Capital Asia Partners IV, an opportunistic non-core real estate fund managed by SC Capital Partners.
New Jersey Division of Investment selects deputy director
trueCorey Amon was named deputy director of the New Jersey Division of Investment, the office in the state Treasury Department that manages investments for the $81.2 billion New Jersey Pension Fund, Trenton.
New Jersey rehires Cliffwater as hedge fund consultant
trueNew Jersey Division of Investment rehired Cliffwater as hedge fund consultant.
Public pension funds play supporting roles in state elections
truePublic pension plans are being hit with a mixture of ethics complaints, ballot initiatives and election contests, with candidates using pension reform as an appeal to voters.
New Jersey union files pay-to-play complaint on pension fund investments
trueThe New Jersey State AFL-CIO is calling for the State Ethics Commission to investigate whether political contributions benefiting Gov. Chris Christie and the Republican Party improperly influenced investments in hedge funds and private equity made by the State Investment Council, and the role of ...
S&P downgrades New Jersey bonds on pension liability concerns
trueStandard & Poor’s Ratings Services is lowering its rating on New Jersey’s general obligation bonds to A from A+ in part because of the worsening condition of the state’s pension funding ratio.
Christie names pension study commission members
trueNew Jersey Gov. Chris Christie on Friday said he had chosen nine people to serve on a commission that will make recommendations to improve the state’s public pension and health benefits systems.
Christie creating panel to recommend potential N.J. pension reforms
trueNew Jersey Gov. Chris Christie on Friday announced he would appoint a commission to analyze the state's system for providing pensions and health benefits, and propose reforms to “preserve reasonable and sustainable programs that do not imperil our state's financial future.”
New Jersey issues call for up to 7 private equity consultants
trueThe New Jersey Division of Investment, Trenton, which manages investments for the New Jersey Pension Fund, is seeking to hire as many as seven consultants for advice on private equity investments.
New Jersey reports preliminary 15.9% return for fiscal year
trueNew Jersey Pension Fund, Trenton, produced a 15.9% return on investments in the fiscal year ended June 30, preliminary figures released Tuesday show.
Co-investing entering new arena: Hedge funds
trueInstitutional investors increasingly are translating co-investment experience in private equity, real estate, infrastructure and energy funds to their hedge fund portfolios.