South Carolina Retirement Systems
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South Carolina hires second executive director in 3 months
trueMichael Hitchcock was named executive director of the $29.9 billion South Carolina Retirement System Investment Commission, Columbia, effective Sept. 8.
South Carolina executive director quits
trueSarah N. Corbett, who was named executive director of the $29.9 billion South Carolina Retirement System Investment Commission on June 3, resigned earlier this month.
South Carolina commission looking for private markets director
trueSouth Carolina Retirement System Investment Commission is searching for a director of private markets.
S.C. Treasurer Loftis re-elected; Rep. Cantor loses primary
trueCurtis M. Loftis Jr. was re-elected as state treasurer of South Carolina on Tuesday, while House Majority Leader, and Wall Street ally, Eric Cantor, R-Va., lost his Republican primary the same night.
Executive director chosen by South Carolina Investment Commission
trueSarah Corbett was named executive director of the $29.9 billion South Carolina Retirement System Investment Commission, Columbia, on Tuesday.
South Carolina embarks on major overhaul
trueThe South Carolina Retirement System Investment Commission should rehab governance and investment processes to better manage the state's $29.9 billion in retirement assets, a fiduciary performance audit found.
South Carolina rehires five fixed-income managers
trueSouth Carolina Retirement Systems approved new contracts for five existing fixed-income managers that ran an aggregate $2.5 billion as of Jan. 31.
Czech Asset Management closes 2nd fund at $1.5 billion
trueCzech Asset Management closed its second direct lending fund, SJC II, with commitments totaling $1.5 billion.
South Carolina pension fund gets new COO amid continuing strife
trueW. Greg Ryberg was hired on Friday as chief operating officer of the South Carolina Retirement System Investment Commission at a special meeting in its Columbia headquarters. He will start work on Monday.
South Carolina pumps $6.4 billion into global equity index funds
trueSouth Carolina Retirement System Investment Commission made a big move into passive global equity management, investing a total of $6.4 billion in index funds managed by BlackRock and State Street Global Advisors.
South Carolina inspector general finds no wrongdoing by investment commission
trueThere was “no criminal conduct or wrongdoing” by the South Carolina Retirement System Investment Commission, Columbia, according to a report from South Carolina State Inspector General Patrick J. Maley.
Loftis wins another battle with South Carolina Retirement System
trueCurtis M. Loftis Jr., South Carolina treasurer, won a skirmish in the battle of wills with other members of the South Carolina Retirement System Investment Commission through settlement of long-running securities lending litigation with Bank of New York Mellon Corp.
South Carolina to overhaul $5.5 billion hedge fund portfolio
trueSouth Carolina Retirement System Investment Commission over the next nine months will restructure the $5.5 billion hedge fund portfolio it oversees for the $27.3 billion South Carolina Retirement Systems.
South Carolina securities lending settlement could net BNY Mellon 10-year custody contract
trueBank of New York Mellon agreed to pay a total of $34 million to settle securities lending litigation brought by South Carolina Treasurer Curtis M. Loftis Jr.
South Carolina to pare equity managers list
trueSouth Carolina Retirement System Investment Commission's investment staff will “simplify” the equity portfolio and broaden investment parameters for fixed-income managers they oversee for the state's $27.3 billion pension fund.