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
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 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
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 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 (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
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 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 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
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., 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
The San Francisco City & County Employees' Retirement System's board approved commitments to three venture capital funds.
October 14, 2014 | 04:29 pm
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 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
U.S. state pension funds are strengthening for the first time in six years as rising contributions and rallying stocks ease a fiscal strain that’s vexed municipal leaders since the recession.