Virginia Retirement System
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VRS picks ICMA-RC as record keeper
Virginia Retirement System hired ICMA-RC as record keeper for its defined contribution plans plus a new hybrid plan, effective Jan.1, 2014.
Virginia commits total of $749 million to alternatives
Virginia Retirement System, Richmond, committed $400 million to credit strategies, $299 million to private equity and $50 million to real assets.
Virginia Retirement System commits $75 million to infrastructure
Virginia Retirement System committed $75 million to Grain Infrastructure Fund II.
Virginia suit against BNY Mellon dismissed; VRS renews with custodian
A Virginia judge dismissed on Friday a lawsuit filed by Virginia Attorney General Kenneth Cuccinelli against Bank of New York Mellon over claims that it charged the $54 billion Virginia Retirement System excessive foreign-exchange fees.
Virginia Retirement System targets $200 million for Pritzker Realty Group
Virginia Retirement System committed $200 million to the Pritzker Apartment JV.
Blackstone closes real estate opportunity fund at $13.3 billion
Blackstone Group has closed the $13.3 billion Blackstone Real Estate Partners VII, making it the largest real estate opportunity fund raised.
Virginia Retirement System doles out $400 million to public, private equity
Virginia Retirement System, Richmond, hired Lombardia Capital Partners to manage $200 million in active domestic small-cap value equity.
Virginia Retirement System doles out $1.3 billion
Virginia Retirement System announced several manager hires and commitments totaling more than $1.3 billion at its Wednesday board meeting.
More state pension plans cutting assumed return rates
Public retirement systems increasingly are taking a more conservative approach toward return assumptions in light of weak market performance and strapped public budgets.
Virginia Retirement System doles out $375 million for alternatives
Virginia Retirement System, Richmond, committed a total of $375 million to three alternatives funds.
Strapped state pension funds take scalpel to COLAs for relief
State 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.
Activist hedge funds catch eye of institutional investors
Activist hedge funds pulled in at least $2 billion in new assets from institutional investors over the past two years, with a marked acceleration in pace in the second half of 2011 and so far in 2012.
Virginia Retirement System announces hires, commitments of nearly $1.3 billion - Pensions & Investments
Virginia Retirement System, Richmond, announced several manager hires and commitments totaling nearly $1.3 billion at its Thursday board of trustees meeting.
Virginia Retirement System makes 2 private equity commitments
Virginia Retirement System, Richmond, committed to Natural Gas Partners and Novak Biddle.
Virginia Retirement takes investment hit
Virginia Retirement System returned -4.1% on its investments for the six months through December, the first half of its fiscal year.