Public pensions

Sarasota Firefighters names 3 finalists for U.S. large-cap search

Sarasota (Fla.) Firefighters' Pension Fund plans to interview active domestic large-cap value equity managers HGK Asset Management, Rothschild Asset Management and WEDGE Capital Management at its Aug....

July 23, 2014 | 02:47 pm

Ventura County looking to fill administrator’s post

Ventura County (Calif.) Employees’ Retirement Association is searching for a retirement administrator, said Pamela Derby, executive recruiter for CPS HR Consulting, which is assisting with the...

July 23, 2014 | 01:18 pm

2 pension funds focusing on smaller private equity funds

State of Wisconsin Investment Board is investing in smaller private equity managers

July 22, 2014 | 06:17 pm

New Hampshire signs DoubleLine for unconstrained portfolio

New Hampshire Retirement System, Concord, hired DoubleLine Capital to run $50 million in an unconstrained, global fixed-income portfolio.

July 22, 2014 | 01:48 pm
New Jersey reports preliminary 15.9% return for fiscal year

New Jersey reports preliminary 15.9% return for fiscal year

New Jersey Pension Fund, Trenton, produced a 15.9% return on investments in the fiscal year ended June 30, preliminary figures released Tuesday show.

July 22, 2014 | 04:23 pm

Cook County mulls fund-of-funds investment, other changes

Cook County Annuity & Benefit Fund’s investment committee on Tuesday recommended the $8.8 billion pension fund commit $35 million to Muller & Monroe Asset Management PEFF II, a private equity...

July 22, 2014 | 03:56 pm
Detroit pension plan participants approve bankruptcy exit plan

Detroit pension plan participants approve bankruptcy exit plan

Detroit’s active and retired public workers approved the city’s plan to exit bankruptcy, which includes freezing the two public defined benefit plans and replacing them with hybrid plans.

July 22, 2014 | 02:35 pm

Texas Employees not ruling out private equity funds of funds

Employees Retirement System of Texas may consider investing in fund of funds, possibly for its emerging manager portfolio, said Sharmila Chatterjee Kassam, chief of staff, investment division for the ...

July 22, 2014 | 01:53 pm

PPF records gain in assets, funding ratio at 112.5%

Assets under management at the Pension Protection Fund increased 9.4% to £16.3 billion ($27.8 billion) in the year ended March 31, and the funding level also rose.

July 22, 2014 | 01:33 pm
 Texas County & District boosts investments in 2 long/short equity hedge funds

Texas County & District boosts investments in 2 long/short equity hedge funds

Texas County & District Retirement System doubled its investment in Lakewood Capital Partners to $20 million with a second $10 million allocation on July 1.

July 22, 2014 | 01:21 pm

Korea's MMAA commits A$43 million to Australian infrastructure fund

Korea's 8.3 trillion won (US$8.1 billion) Military Mutual Aid Association committed A$43 million (US$40 million) to The Infrastructure Fund.

July 22, 2014 | 11:18 am

New York State Common Retirement Fund drops Cap Guardian for emerging markets equity

New York State Common Retirement Fund, Albany, terminated Capital Guardian as manager of a $430 million emerging markets equity portfolio, said information on the website of state Comptroller Thomas...

July 21, 2014 | 04:22 pm

CPPIB buys into Belgian parking lot company

Canada Pension Plan Investment Board, Toronto, will acquire a 39% stake in Brussels-based European parking lot manager Interparking for €376 million ($508 million).

July 21, 2014 | 03:30 pm

Ontario Teachers chooses VP for infrastructure

Ken Manget was named vice president of infrastructure at the C$140.8 billion (US$131.1 billion) Ontario Teachers’ Pension Plan, Toronto.

July 21, 2014 | 03:33 pm

Orange County returns 14.3% in year ended June 30

Orange County Employees Retirement System, Santa Ana, Calif., reported a preliminary return of 14.3% for the 12 months ended June 30, confirmed Robert Kinsler in an e-mail.

July 21, 2014 | 03:24 pm