Wilshire.
Domestic fixed-income: John Hsu Capital; Payden & Rygel; Seix; STW.
The master custodian is State Street Bank & Trust Co.; the investment consultant is Johnson Custom Strategies.
Key personnel overseeing the investment management of the fund are Girard Miller, president and chief executive officer; Cynthia A. Hargadon, senior vice president and chief investment officer; and P. Stanley Shavers, vice president of fixed income.
Public Employee Retirement
System of Idaho
($ millions)
Total assets2,816
Defined benefit2,816
Employer DB contributions146
Benefit payments127
Hedging devices used:
Stock options
Bond options
Stock index futures
Fixed-income futures
Defined benefit asset mix:
Stocks61.3%
Fixed income26.3%
Cash equivalents0.8%
Real estate equity6.7%
Mortgages4.9%
BOISE, Idaho - As of Sept. 30, the Public Employee Retirement System of Idaho total employee benefit assets increased 5.6% from a year earlier. All assets are defined benefit.
Employer contributions to the defined benefit plan increased 21%, and benefits paid increased 10%.
Managers:
Domestic equities: Amerindo; Chancellor; Columbus Circle; Mountain Pacific; Wellington.
International equities: BEA; Clay Finlay; Rowe Price-Fleming; Schroder Capital; TCW London.
Domestic fixed-income: D.B. Fitzpatrick; State Street Global.
Global fixed-income: Baring America, BEA; Fiduciary Trust.
Real estate managers: Cabot; Equitable; J.W. O'Connor; LaSalle; Metropolitan; Acacia; Prudential.
Venture capital: Saugatuck Capital.
The master custodian and global custodian is Mellon Bank; the investment consultant is Dorn, Helliesen & Cottle Inc.
Key personnel overseeing the investment management of the fund are Robert M. Maynard, chief investment officer, and Isabelle Fowler, investment officer.
Illinois Municipal Retirement
Fund
($ millions)
Total assets7,098
Defined benefit7,098
Employer DB contributions230
Benefit payments244
Internally managed assets:
Defined benefit119
Hedging devices used:
Fixed-income futures
Defined benefit asset mix:
Stocks58.4%
Fixed income31.9%
Cash equivalents1.6%
Real estate equity4.4%
Mortgages1.1%
Alternative investments2.6%
OAK BROOK, Ill. - As of Sept. 30, the Illinois Municipal Retirement Fund's total employee benefit assets, all defined benefit, increased 4% from a year earlier.
Employer contributions to the defined benefit plan decreased 27%, and benefits paid were unchanged.
Defined benefit managers:
Domestic equities: ANB; Campbell, Cowperthwait; Dalton, Greiner, Hartman, Maher; Dimensional Fund Advisors; Eagle Asset Management; Fidelity Management Trust; Frontier Capital Management; Harris Associates; Holland Capital Management; Lincoln Capital Management; Loomis, Sayles; Provident Investment Counsel; Wall Street Associates.
International equities: ANB; Baring International; Capital Guardian; Nomura; Schroder.
Domestic fixed-income: Abacus; ANB; Criterion; Fidelity; Payden & Rygel.
International fixed-income: Julius Baer.
Real estate managers: Equitable Real Estate; LaSalle; Metric; RREEF; Sentinel; TCW Realty.
Other managers: Abbott; Forest Investment Advisors; J.P. Morgan; Larimer & Co.; Oxford Partners; Schroder Ventures.
The master trustee and the global custodian is Northern Trust; the investment consultants are William M. Mercer and Institutional Property Consultants.
Key personnel overseeing the investment management of the fund are Walter J. Koziol, director of investments, and Edward N. Sambol, investment manager.
Illinois State Board
of Investment
($ millions)
Total assets4,300
Defined benefit4,300
Employer DB contributions130
Benefit payments326as of June 30
Internally managed assets:
Defined benefit1,400
Defined benefit asset mix:
Stocks50%
Fixed income37%
Cash equivalents6%
Real estate equity7%
CHICAGO - As of June 30, the Illinois State Board of Investment's total employee benefit assets decreased 4.4%; all assets are defined benefit.
Employer contributions to the defined benefit plan decreased 35%, and benefits paid increased 8.7%.
Defined benefit managers:
Domestic equities: Ariel; Cook & Bieler; DIA; Fidelity; Lincoln Capital; Loomis Sayles; Marshall Plan; Newbold's; Sloate Weisman; Southeastern Asset; T-K Capital; TCW; Valenzuela; Woodford.
Global and international managers: Brinson; Clay Finlay; Delaware; Templeton; TCW.
Domestic fixed-income: Delaware; Fidelity; J.P. Morgan.
Real estate managers: Aetna; AMLI; Banyan; Cozad/Westchester; Heitman; JMB; PSI; TCW; Zell/Merrill Lynch.
Non-marketable securities managers: Candover Partners; Corporate Advisors; Frontenac; Golder Thoma & Cressey; John Hancock Venture Capital; KKR; Menlo; Prudential Venture Capital.
The master custodian and global custodian is Northern Trust.
Key person overseeing the investment management of the fund is Jane R. Patterson, executive director.
State Universities
Retirement System of Illinois
($ millions)
Total assets5,305
Defined benefit5,305
Employer DB contributions134
Benefit payments304
Hedging devices used:
Stock options
Bond options
Stock index futures
Fixed-income futures
Defined benefit asset mix:
Stocks57%
Fixed income37%
Real estate equity6%
CHAMPAIGN, Ill. - As of Sept. 30, the State Universities Retirement System of Illinois's total employee benefit assets, all defined benefit, decreased 0.4% from a year earlier.
Employer contributions to the defined benefit plan increased 4.5%, and benefits paid increased 14.7%.
Defined benefit managers:
Domestic equities: Ariel Capital; Fisher Investments; Holland Capital Management; Rosenberg Institutional; Fayez Sarofim; Smith Barney; Wells Fargo Nikko; Zevenbergen Capital.
International equities: Brinson Partners; Martin Currie; IDS International; Wells Fargo Nikko.
Domestic fixed-income: Bear Stearns Asset Management; BlackRock Financial Management; Chicago Title & Trust; Kemper Asset Management; Pacific Investment; Standish Ayer & Wood; Wedgewood Capital Management; Wells Fargo Nikko.
Real estate managers: Aetna Realty; Equitable Real Estate; RREEF.
Venture capital manager: Brinson Partners.
The master trustee, master custodian and global custodian is Northern Trust; the investment consultant is Ennis Knupp.
Key personnel overseeing the investment management of the fund are Dennis D. Spice, executive director; Kenneth E. Codlin, chief investment officer; and Jeanne Valcik, associate investment officer.
Teachers' Retirement
System of Illinois
($ millions)
Total assets12,039
Defined benefit12,039
Employer DB contributions310
Benefit payments735
Hedging devices used:
Stock options
Bond options
Stock index futures
Fixed-income futures
Managed futures
Defined benefit asset mix:
Stocks47.8%
Fixed income33.7%
Cash equivalents1.1%
Real estate equity12%
Mortgages2.9%
Other2.5%
SPRINGFIELD, Ill. - As of Sept. 30, the Teachers' Retirement System of Illinois' total employee benefit assets increased 2.7% from Aug. 30, 1993.
Employer contributions to the defined benefit plan decreased 2.8%, and benefits paid increased 2.9%.
Defined benefit managers:
Domestic equities: Ariel; Ark; Brandywine; Brinson; Cedar Hill; Eagle; FMA; Holland; Hotchkis & Wiley; Keystone; Lazard Freres; Lincoln Capital; Morgan Stanley; MPI; Munder; NCM; Oppenheimer; Pena; PIMCO; RCM; RXR; Zimco.
International equities: Ark; A.G. Bisset; Blairlo
