South Carolina Retirement Systems
Watch breaking news videos and read news updates about South Carolina Retirement Systems on pionline.com
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.
South Carolina panel tussles with state treasurer
trueDispute over private equity capital call is catalyst for 5-day hearing before state's Supreme Court.
South Carolina commission asks court to compel treasurer to meet job requirements
trueThe South Carolina Supreme Court will hear arguments on Tuesday from the South Carolina Retirement System Investment Commission seeking a court order directing state Treasurer Curtis M. Loftis Jr. to comply with the mandatory requirements of his job under South Carolina law.
South Carolina takes new look at partnerships
trueThe South Carolina Retirement System Investment Commission, Columbia, is in the process of restructuring its $6.7 billion strategic partnership network, shutting down its $3.9 billion portable alpha strategy, and deciding on a new asset allocation, according to information presented at a Feb. 28 ...