Public pensions

AP1 returns 9.3% in 2016 on real estate, forex strength

AP1 returns 9.3% in 2016 on real estate, forex strength

Stockholm-based AP1 returned 9.3% in 2016, bolstering assets by 7% to 311 billion Swedish kronor ($34 billion).

February 24, 2017 | 12:49 pm

Fort Worth Employees allocates $20 million to non-core real estate

Fort Worth (Texas) Employees' Retirement Fund committed $20 million to non-core real estate fund Focus Healthcare Partners Fund I.

February 24, 2017 | 11:35 am
Investor coalition files climate-change mitigation resolution at Exxon Mobil

Investor coalition files climate-change mitigation resolution at Exxon Mobil

The New York State Common Retirement Fund and a coalition of investors again ask Exxon Mobil stockholders to approve a policy identifying how efforts to mitigate climate change will affect the company.

February 23, 2017 | 03:50 pm

South Carolina chooses 2 to manage $1.15 billion in international small-cap equity

South Carolina Retirement System Investment Commission, Columbia, hired active international small-cap equity managers Man Numeric Investors and Algert Global at a...

February 23, 2017 | 03:43 pm

Minnesota State Board slates $550 million for private equity

Minnesota State Board of Investment, St. Paul, on Thursday approved a total of up to $550 million in private equity commitments.

February 23, 2017 | 03:46 pm

Fairfield pension funds choose Invesco for alternative beta strategy

The Town of Fairfield (Conn.) Joint Retirement Investment Board hired Invesco Advisers to manage a $16 million multiasset-class alternative beta strategy.

February 23, 2017 | 02:48 pm
Nebraska Investment Council to liquidate 12 portfolios of Omaha Schools pension fund

Nebraska Investment Council to liquidate 12 portfolios of Omaha Schools pension fund

Nebraska Investment Council, Lincoln, voted to liquidate 12 portfolios totaling $666 million that was previously managed by the $1.1 billion Omaha (Neb.) School Employees’ Retirement System as...

February 23, 2017 | 02:28 pm

Watertown Contributory Retirement seeks international small-cap manager

Watertown (Mass.) Contributory Retirement System is searching for an active international small-cap equity manager to manage approximately $3.5 million for the $154 million defined benefit plan.

February 23, 2017 | 01:50 pm

Nebraska Investment Council commits $50 million to Genstar buyout fund

Nebraska Investment Council, Lincoln, committed $50 million to Genstar Capital Partners VIII, a buyout fund.

February 23, 2017 | 01:45 pm

El Paso Firemen & Policemen pledges $8 million to EnCap fund

El Paso (Texas) Firemen & Policemen Pension Fund committed $8 million to EnCap Energy Capital Fund XI.

February 23, 2017 | 11:56 am

Korea’s GEPS hires NPS veteran to head international investment team

Youngsoo “Erika” Oh joined Korea’s Government Employees Pension Fund earlier this month as head of international investment.

February 23, 2017 | 11:22 am

Ohio Police & Fire allocates $30 million to KKR buyout fund

Ohio Police & Fire Pension Fund, Columbus, committed up to $30 million to KKR Asian Fund III, a buyout fund managed by KKR & Co..

February 23, 2017 | 11:20 am

Boston Retirement System allocates $220 million to 2 managers, rehires custodian

Boston Retirement System has hired two managers to run a total of $220 million and a custodial bank.

February 22, 2017 | 03:21 pm
CalSTRS lawsuit vs. 2 banks on EURIBOR manipulation continues; other suits dismissed

CalSTRS lawsuit vs. 2 banks on EURIBOR manipulation continues; other suits dismissed

CalSTRS can move ahead with a federal lawsuit against Citigroup and J.P. Morgan Chase over alleged manipulation of the benchmark European Interbank Offered Rate and its related derivatives.

February 22, 2017 | 01:39 pm
Aon Minet Pension Scheme reduces £60 million in liabilities

Aon Minet Pension Scheme reduces £60 million in liabilities

Aon Minet Pension Scheme reduced its liabilities by £60 million ($74.4 million) after completing a bulk enhanced transfer value for a proportion of its participants.

February 22, 2017 | 02:20 pm