New York State Teachers sticking with 10 managers, consultant

New York State Teachers' Retirement System, Albany, renewed contracts of 10 money managers for one year as well as the contract of investment consultant Hewitt EnnisKnupp, confirmed spokesman John Cardillo.

All of the deals are renewals; the managers were not issued new contracts. The renewals are effective between December and February.

Managers and their assets under management for the $95.4 billion pension fund, as of Sept. 30, are:


The pension fund also extended agreements with real estate and private equity consultants Callan Associates and StepStone Group, respectively, for a period not to exceed three months while an RFP process concludes. The extensions are effective Feb. 1.

NYSTRS also committed an additional $25 million to Edens Investment Trust, a joint venture with J.P. Morgan Strategic Property Fund and the $48.1 billion Michigan Retirement Systems, Lansing. A $225 million initial commitment was made in May.