North Carolina eyes in-state private equity investment
By Doug Halonen November 19, 2009North Carolina Retirement Systems, Raleigh, issued an RFP for a private equity manager to run up to $250 million in an economically targeted fund for “investment opportunities with significant...
Tennessee assigns $25 million to Draper Fisher fund
By Christine Williamson November 18, 2009Tennessee Consolidated Retirement System, Nashville, committed $25 million to Draper Fisher Jurvetson Fund X, according to Lamar Villere, director of private equity. The commitment is the...
Boeing preps $1.7 billion in hedge fund searches
By Barry B. Burr November 18, 2009Boeing Co., Chicago, plans to search early next year for direct hedge funds to invest almost $1.7 billion, said Andrew Ward, CIO.The searches will begin after officials at the $43.6 billion...
Full plate awaiting PBGC chief
By Doug Halonen November 16, 2009Joshua Gotbaum, President Barack Obama's nominee to lead the Pension Benefit Guaranty Corp., will have a long to-do list at the agency.
Pitney Bowes to freeze 2 DB plans in 2014
By Douglas Appell November 12, 2009Pitney Bowes Inc., Stamford, Conn., will freeze two defined benefit plans at the end of 2014, according to an SEC filing today.The Pitney Bowes Pension Restoration Plan and the Pitney Bowes Inc....
U.K. newspaper scheme selects consultant, actuary
By Drew Carter November 11, 2009Midland Independent Newspapers Pension Scheme, Birmingham, England, hired JLT Benefit Solutions as investment consultant and actuary, according to a JLT news release.Watson Wyatt Worldwide ...
Consultant, adviser on North Yorkshire radar
By Thao Hua November 11, 2009North Yorkshire County Council Pension Fund, Northallerton, England, issued RFPs for an investment consultant and an independent investment adviser, according to Tom Morrison, principal accountant of ...
Prudential makes grade with Evonik Degussa plans
By Timothy Inklebarger November 9, 2009Evonik Degussa Corp., Newark, N.J., hired Prudential Retirement as manager and administrator of its defined benefit, defined contribution and non-qualified retirement plans, confirmed Evonik...
Boston plan goes for debtor-in-possession manager
By Timothy Inklebarger November 6, 2009State-Boston Retirement System is searching for managers to run up to $50 million in a debtor-in-possession financing.The RFP is posted on the website of the Massachusetts Public Employee...
Real estate search on London borough’s list
By Thao Hua November 4, 2009London Borough of Camden Pension Fund issued an RFI for at least one manager to run a real estate portfolio ranging from £35 million ($52 million) to £70 million, according to Ken Bumpus, pensions...
CIT to keep its cash balance, 401(k) plans
By Doug Halonen November 3, 2009CIT Group Inc., Livingston, N.J., plans to maintain its cash balance and 401(k) plans as it reorganizes under Chapter 11 bankruptcy protection, according to documents filed with the U.S. Bankruptcy...
Wescoe to direct Motion Picture pension, health plans
By Arleen Jacobius November 3, 2009David B. Wescoe was named executive administrative director of the Motion Picture Industry Pension and Health Plans, Studio City, Calif., effective Dec. 1, said Arlene Falk Withers, chief...
Qwest to freeze 2 management plans
By Timothy Inklebarger November 2, 2009Qwest Communications will freeze future benefit accruals to its pension plan for current management employees, effective Jan. 1.
Billions contributed to boost funding levels
By Timothy Inklebarger November 2, 2009Companies are adding billions in contributions to their decimated pension plans, desperately trying to boost funding levels.
Loading...
