The New York State Teachers' Retirement System and the Washington State Investment Board are not investors in Hicks, Muse, Tate & Furst Equity Fund III as was stated incorrectly in the Sept. 15 issue of Pensions & Investments.
Smith, Graham & Co. Inc. was placed on the watch list by The Philadelphia Municipal Pension Fund, according to Sandra Parker, chief investment officer.
A Sept. 1 story mischaracterized the firm's status with the pension fund.
Riggs Bank N.A., Washington, is trustee and custodian for the Multi-Employer Property Trust, a pooled real estate investment fund. Kennedy Associates, Seattle, is the investment adviser. The MEPT's sponsors were incorrectly stated in the Aug. 18 issue of Pensions & Investments.