New York City Retirement Systems

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  1. N.Y. governor vetoes bill increasing pension funds' maximum alternatives allocation

    trueNew York Gov. Andrew Cuomo on Thursday vetoed a bill that would have allowed the largest public pension funds in the state to increase their allocations to alternative investments to 30% from 25%.

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  1. New York City promotes 2 to head of private equity, hedge funds

    trueAlex Done and Neil Messing were named head of private equity and head of hedge funds, respectively, at the bureau of asset management in the office of New York City Comptroller Scott Stringer, said Eric Sumberg, Mr. Stringer's spokesman.

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  2. NYC comptroller targets 75 companies in groundbreaking proxy access initiative

    trueNew York City Retirement Systems filed proxy access proposals with 75 companies, the largest such initiative to give shareholders a greater voice in nominating members of corporate boards of directors, said a news release Thursday from Scott M. Stringer, New York City comptroller, who oversees the ...

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  3. The Gross effect

    trueMany asset owner clients of Pacific Investment Management Co. cited their long-term relationship with the firm — ties that go beyond co-founder and Chief Investment Officer William H. Gross — as a reason for not terminating the firm after Mr. Gross' unexpected move last month to Janus Capital ...

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  4. 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 ...

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  5. NYC Retirement Systems wants developing core-plus bond managers

    trueThe New York City comptroller’s office is searching for developing managers to run core-plus fixed-income portfolios for one or more of the five pension funds that make up the New York City Retirement Systems.

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  6. NYC Retirement Systems post 17.4% fiscal year return

    trueNew York City Retirement Systems achieved an estimated return on investments of 17.4% for the fiscal year ended June 30, said a news release issued Monday by Comptroller Scott Stringer, adviser and custodian for the five pension funds that make up the retirement system.

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  7. New CIO chosen for American University in Cairo endowment

    trueJanice Emery was named chief investment officer of the American University in Cairo, Egypt, said Brian MacDougall, executive vice president for administration and finance, in an e-mail.

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  8. New York City comptroller seeks financial management director for retirement systems

    trueThe New York City comptroller's office is seeking a senior director for financial management for the $150 billion New York City Retirement Systems, a notice posted on the comptroller's website says.

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  9. New York City pension funds ban placement agents for all investments

    trueThe five pension funds of the New York City Retirement Systems have passed resolutions banning placement agents for all investment classes.

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  10. Bills proposed to permit higher alts allocations at New York pension funds

    trueNew York state legislators have introduced bills that would allow large public pension funds to increase allocations to alternative investments such as private equity and hedge funds to 35% from 25%.

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  11. New York City Retirement Systems names new CIO

    trueFormer president of TIAA-CREF Asset Management Scott Evans was named chief investment officer of the $150 billion New York City Retirement Systems.

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  12. NYC Retirement Systems reaches disclosure agreement with IBM, 4 other companies

    trueNew York City Retirement Systems withdrew proxy proposals at International Business Machines Corp. and four other companies after reaching agreements on supply chain sustainability disclosures.

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  13. NYC Retirement Systems looking for infrastructure consultant

    trueNew York City Retirement Systems is searching for an infrastructure investment consultant, according to an RFP issued by the city comptroller’s office.

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