Public pensions

San Jose Police & Fire moves away from international small cap

San Jose (Calif.) Police & Fire Department Retirement Plan approved transferring $245 million to a different Northern Trust Asset Management passive strategy to reduce the plan’s exposure to...

October 20, 2014 | 04:08 pm
CalPERS strips board vice president of title, censures another member

CalPERS strips board vice president of title, censures another member

Priya Mathur, vice president of CalPERS' board, has been stripped of her title and other leadership positions for violating state financial reporting requirements. She remains on the board.

October 17, 2014 | 03:54 pm

LACERS preps asset-liability study

Los Angeles City Employees’ Retirement System expects to launch an asset-liability study next winter, minutes of the Sept. 23 board meeting show.

October 17, 2014 | 05:43 pm

Florida SBA sells private equity stakes to Partners Group

Florida State Board of Administration, Tallahassee, sold its stakes in eight limited partnerships in which it invested a combined €314.8 million ($401.5 million) in European private equity, John ...

October 17, 2014 | 03:15 pm
Ohio State University appoints CIO from Ohio PERS

Ohio State University appoints CIO from Ohio PERS

John C. Lane was named vice president and chief investment officer at Ohio State University, Columbus, said Chris Davey, university spokesman.

October 16, 2014 | 12:29 pm

Detroit settlement with FGIC boosts debt plan's chances

Detroit settled with one of its last major creditors, bond insurer Financial Guaranty Insurance Co., bringing the city closer to ending the biggest-ever U.S. municipal bankruptcy.

October 16, 2014 | 04:02 pm

Fort Lauderdale Police & Fire axes PIMCO

Fort Lauderdale (Fla.) Police & Fire Retirement System terminated Pacific Investment Management Co. from a $37 million portfolio, said Frederick H. Nesbitt, director of public information.

October 16, 2014 | 03:32 pm

2 Pensacola pension funds dump PIMCO

Two Pensacola, Fla., pension funds have terminated Pacific Investment Management Co. mutual funds as a result of organizational changes at the firm, said Cheryl Jackson, payroll and pension manager...

October 15, 2014 | 05:50 pm

Texas Teachers is top private equity performer — report

Texas Teacher Retirement System had the best 10-year annualized private equity returns among public pension funds for the end of fiscal year 2013, a report from the Private Equity Growth Capital...

October 15, 2014 | 04:04 pm

Germany's BVK favors buyout, hedge funds

Germany’s biggest public pension fund plans to invest more in private equity and hedge funds and reduce its bond holdings as low interest rates curb returns.

October 15, 2014 | 01:51 pm

MOSERS goes with EFL Associates for executive director search

Missouri State Employees’ Retirement System. Jefferson City, hired EFL Associates as an executive search firm for its search for an executive director, said Candy Smith, spokeswoman.

October 15, 2014 | 01:09 pm

Longboat Key, Fla. looking for DB plan administrator before merging 3 plans

Longboat Key, Fla., is searching for a third-party administrator for its three defined benefit plans, which the town plans to merge into one plan.

October 14, 2014 | 04:14 pm

San Francisco City & County earmarks up to $70 million for 3 funds

The San Francisco City & County Employees' Retirement System's board approved commitments to three venture capital funds.

October 14, 2014 | 04:29 pm

Arkansas Teachers terminates $475 million PIMCO portfolio

Arkansas Teacher Retirement System, Little Rock, terminated Pacific Investment Management Co., which managed about $475 million in its Total Return strategy for the pension fund, said George Hopkins, ...

October 13, 2014 | 12:36 pm
Caisse invests in Manulife's new home

Caisse invests in Manulife's new home

Caisse de Depot et Placement du Quebec, Montreal, and Manulife Financial reached agreement to build a new home for the combined staff of Manulife and Standard Life Investments' Canadian operations,...

October 13, 2014