Public pensions

Illinois Municipal scouts for manager of emerging real estate managers

Illinois Municipal Retirement Fund is searching for a manager of emerging real estate managers to run at least $75 million.

July 28, 2015 | 03:57 pm

San Joaquin County earmarks $50 million to direct lending fund

San Joaquin County Employees' Retirement Association committed up to $50 million to Raven Asset-Based Opportunity Fund III.

July 28, 2015 | 02:27 pm

Braintree Contributory Retirement on the hunt for first OCIO

Braintree (Mass.) Contributory Retirement System is looking for an investment manager to provide outsourced CIO services.

July 28, 2015 | 03:22 pm

Kansas Public Employees sets $75 million for TPG fund

Kansas Public Employees Retirement System committed up to $75 million to TPG Partners VII, a buyout fund.

July 28, 2015 | 12:26 pm

Metropolitan District Commission issues call for custodian

Metropolitan District Commission, Hartford, Conn., is searching for a custodian for its $200 million pension fund.

July 28, 2015 | 12:20 pm

Chicago Municipal Employees seeking transition managers

Chicago Municipal Employees’ Annuity & Benefit Fund is searching for one or more transition managers.

July 28, 2015 | 11:04 am
CalPERS looks to lower return expectations

CalPERS looks to lower return expectations

CalPERS officials want to lower the pension fund's volatility by reducing the system's 7.5% assumed rate of return over time.

July 27, 2015
Moody's: Pension liabilities increasing for majority of largest local governments

Moody's: Pension liabilities increasing for majority of largest local governments

Pension burdens increased for 31 of the 50 largest local governments in fiscal year 2013, said a new report from Moody's Investors Service.

July 27, 2015 | 03:36 pm
Public pension plans make strides in staff pay

Public pension plans make strides in staff pay

Two large public pension plans recently adopted new compensation plans executives hope will enable them to recruit and retain key investment professionals.

July 27, 2015

Orange County taps BlueMountain for long/short equity

Orange County Employees Retirement System approved investing up to $76 million with BlueMountain Capital Management for a long/short equity hedge fund strategy.

July 27, 2015 | 03:30 pm
New Jersey Pension Fund trustees want judgment on withheld contributions

New Jersey Pension Fund trustees want judgment on withheld contributions

The trustees of the three largest pension plans in the New Jersey Pension Fund sued the state in an effort to increase the amount of money the state has contributed and will contribute to the $79.1...

July 27, 2015 | 04:02 pm

Cambridge Retirement seeks international fixed-income manager

Cambridge (Mass.) Contributory Retirement System is searching for an international fixed-income manager to run approximately $55 million.

July 27, 2015 | 01:28 pm
Judge rules Chicago pension fix is unconstitutional

Judge rules Chicago pension fix is unconstitutional

A Cook County judge ruled unconstitutional a pension reform law that took effect on Jan. 1 aimed at improving the funding of Chicago's pension funds for laborers and municipal workers.

July 24, 2015 | 12:01 pm

Merced County earmarks $7.5 million to agriculture, commodity private equity fund

Merced County (Calif.) Employees' Retirement Association committed $7.5 million to private equity fund Blue Road Capital

July 24, 2015 | 02:44 pm

Rhode Island commits $30 million to private debt fund

Rhode Island State Investment Commission committed to CapitalSpring Investment Partners V.

July 24, 2015 | 03:52 pm