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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 ...
trueMichigan Retirement Systems made commitments totaling $580 million to eight alternative investment managers in the quarter ended June 30.
trueCzech Asset Management closed its second direct lending fund, SJC II, with commitments totaling $1.5 billion.
trueReport on pension fund's historic, current and future asset allocations.
trueChristopher DeRose was named CEO of the $7 billion Michigan Municipal Employees' Retirement System.
trueState pension plan executives and state legislatures are increasingly turning their attention to retiree cost-of-living adjustments as a way to get immediate and dramatic results in retirement system reforms.
trueMichigan Bureau of Investments committed $250 million to hedge fund manager Czech Asset Management's second direct lending fund, to be launched later this year.
trueState of Michigan Retirement Systems later this month plans to complete an invitation-only search for an active developed markets small-cap equity manager.
trueState of Michigan Retirement Systems, Lansing, invested or committed a total of $1.685 billion to international equity, private equity, hedge fund and infrastructure strategies since Sept. 30, confirmed Terry Stanton, a spokesman for the $48.1 billion retirement systems, in an e-mail.
trueA new Michigan law requiring state employees to either contribute 4% of pay to the $9.1 billion Michigan State Employees' Retirement System, Lansing, or join a defined contribution plan is unconstitutional because the state Legislature overstepped its authority in passing the law, according to a ...
trueMichigan Municipal Employees' Retirement System created a supplemental 457 plan for employees of the $6.9 billion system's member counties, cities, townships and other municipalities.