Public pensions

Chicago Laborers’ picks Chicago Muni CIO as new executive director

strong>Michael P. Walsh was named executive director of the $1.4 billion Chicago Laborers’ Annuity & Benefit Fund, effective Oct. 1.

September 17, 2014 | 03:36 pm

Norway city taps Storebrand as manager for new pension fund

The municipal council in Asker, Norway, hired Storebrand Asset Management to run the operation and investment management of its newly established pension fund.

September 17, 2014 | 01:55 pm
Plumbers & Steamfitters union sues over AbbVie, Shire merger

Plumbers & Steamfitters union sues over AbbVie, Shire merger

Plumbers & Steamfitters Local 60 Pension Plan, Metairie, La., filed a class-action lawsuit on Monday against AbbVie Inc., several AbbVie executives and Shire PLC regarding the combination of the two...

September 17, 2014 | 01:31 pm
Ontario Teachers acquires remaining 50% share of Bristol Airport

Ontario Teachers acquires remaining 50% share of Bristol Airport

Ontario Teachers' Pension Plan said Wednesday it will become the sole owner of Bristol International Airport in England after agreeing to buy the 50% share held by Macquarie Group.

September 17, 2014 | 12:34 pm

Aurora Employees starts search for investment consultant

Aurora (Colo.) General Employees' Retirement Plan is searching for an investment consultant.

September 17, 2014 | 10:57 am
Maryland pension fund seeking firm to recruit CIO

Maryland pension fund seeking firm to recruit CIO

Maryland State Retirement & Pension System is searching for an executive search firm to find a new chief investment officer for the $45.7 billion pension fund.

September 17, 2014 | 10:43 am

Environment Agency Pension Fund picks manager for sustainable investment

Environment Agency Pension Fund hired Ownership Capital to run £85 million ($138 million) in an active sustainable global equity strategy.

September 17, 2014 | 10:38 am
CalPERS is largest investor to exit hedge funds, but decision isn't a surprise to some

CalPERS is largest investor to exit hedge funds, but decision isn't a surprise to some

CalPERS is the first large institutional investor to completely eliminate hedge funds from its portfolio.

September 16, 2014 | 04:14 pm
Charles Valdes, former CalPERS trustee, dead at 74

Charles Valdes, former CalPERS trustee, dead at 74

Charles P. “Chuck” Valdes, a former board member with the $298 billion California Public Employees' Retirement System, has died.

September 16, 2014 | 02:31 pm

Virginia announces $1.8 billion in private equity, other commitments

Virginia Retirement System, Richmond, committed $1.19 billion to private equity, $250 million each to public equity and credit strategies, and $150 million to real asset strategies.

September 16, 2014 | 03:32 pm

Los Angeles Fire & Police lining up 2 searches

Los Angeles Fire & Police Pension System’s board is expected to approve two RFPs at Thursday’s meeting.

September 16, 2014 | 04:23 pm

CalPERS selects StepStone for infrastructure consulting

CalPERS’ investment committee hired StepStone Group as infrastructure consultant, pending contract negotiations.

September 16, 2014 | 04:19 pm

Cambridge Retirement System looking for private equity secondaries manager

Cambridge (Mass.) Retirement System is searching for a private equity secondaries manager to run about $40 million.

September 16, 2014 | 03:11 pm

Kentucky Teachers commits $200 million total to 3 managers

entucky Teachers' Retirement System committed a total of $200 million to three managers.

September 16, 2014 | 03:08 pm

Northern York County police issues call for consultant, manager

Northern York County Regional Police Pension Fund is searching for an investment consultant and manager.

September 16, 2014 | 01:25 pm