Public pensions

Cambridge Retirement System seeks emerging markets, international equity managers

Cambridge (Mass.) Retirement System is searching for an emerging markets equity manager to run about $100 million and a high alpha, concentrated international equity manager to run about $30 million.

January 27, 2015 | 03:28 pm

Tallahassee replaces 2 domestic large-cap equity managers

Tallahassee (Fla.) Pension Plan hired AJO and T. Rowe Price Group to manage about $100 million each in active domestic large-cap equities.

January 27, 2015 | 03:01 pm

El Paso City Employees could change U.S. REIT portfolio to global strategy

El Paso (Texas) City Employees’ Pension Fund is considering moving to a global real estate investment trust portfolio from its current $23 million domestic portfolio to improve diversification.

January 27, 2015 | 02:43 pm
PSP Investments picks CPPIB executive as new CEO

PSP Investments picks CPPIB executive as new CEO

Andre Bourbonnais was named president and CEO of the C$99.5 billion (US$80.2 billion) Public Sector Pension Investment Board, Montreal.

January 27, 2015 | 12:23 pm

Chicago Transit Authority goes with Mesirow real estate fund

Chicago Transit Authority Employees Retirement Plan committed $25 million to Mesirow Financial Real Estate Value Fund II.

January 26, 2015 | 02:26 pm

Texas Teachers commits $2.36 billion

Texas Teacher Retirement System, Austin, committed a total of $2.36 billion to 16 private market funds and co-investment vehicles in the quarter ended Dec. 31, a transaction report provided to...

January 26, 2015 | 04:08 pm
Pension fund managers push Oracle on several shareholder issues

Pension fund managers push Oracle on several shareholder issues

PGGM NV and RPMI Railpen called on Oracle Corp. to implement proxy access, adopt an executive compensation structure shareholders can support and develop a policy to allow shareholders to communicate ...

January 26, 2015 | 04:04 pm

New York City mayor appoints chief pension adviser for city retirement funds

John Adler was named chief pension investment adviser and director of the New York City mayor's office of pensions and investments, Mayor Bill de Blasio announced Monday.

January 26, 2015 | 03:45 pm

Wilmette fire, police pension funds stay with Graystone as consultant

Wilmette (Ill.) Fire Pension Fund and Wilmette Police Pension Fund rehired Graystone Consulting as their investment consultant.

January 26, 2015 | 02:34 pm

PennSERS earmarks $50 million to Francisco Partners fund

Pennsylvania State Employees' Retirement System committed up to $50 million to Francisco Partners IV, said Pamela Hile, spokeswoman for the $28 billion pension fund.

January 22, 2015 | 12:05 pm

Arizona Public Safety allocates $458 million to 5 managers

Arizona Public Safety Personnel Retirement System approved a total of up to $458 million in commitments, direct investments and co-investments.

January 22, 2015 | 04:04 pm

Illinois Teachers launches large-cap core, private equity consultant searches

Illinois Teachers’ Retirement System is searching for a large-cap core equity manager to run between $270 million and $540 million of the pension fund’s $9 billion U.S. equity portfolio.

January 22, 2015 | 03:57 pm
NYC Retirement Systems, TIAA-CREF join in lawsuits against American Realty

NYC Retirement Systems, TIAA-CREF join in lawsuits against American Realty

New York City Retirement Systems and TIAA-CREF have joined a group of investors that allege American Realty Capital Properties, a real estate investment trust, and others violated federal securities...

January 22, 2015 | 02:07 pm

Chicago Park Employees terminates K2 Advisors hedge fund of funds

Chicago Park Employees' Annuity & Benefit Fund terminated hedge fund-of-funds manager K2 Advisors.

January 22, 2015 | 03:08 pm

Quincy Contributory Retirement seeks emerging markets equity manager

Quincy (Mass.) Contributory Retirement System is looking for a manager to run a $35 million emerging markets equity portfolio.

January 22, 2015 | 02:01 pm