Los Angeles Fire & Police
Pension System
($ millions)
Total assets5,527
Defined benefit5,527
Employer DB contributions323
Benefit payments336
Internally managed assets:
Defined benefit81
Hedging devices used:
Stock options
Defined benefit asset mix:
Stocks60.7%
Fixed income34.2%
Cash equivalents1.5%
Real estate equity3.6%
LOS ANGELES - As of Sept. 30, the Los Angeles Fire & Police Pension System's total employee benefit assets increased 18.8% from a year earlier. All assets are defined benefit.
Equity managers: Domestic - Alliance; Amerindo; Boston Co.; Brown; Delta; Frontier; Galleon; Husic; Loomis, Sayles; Target.
International - Clay Finlay; Nomura; Oechsle.-
Fixed-income managers: Boston Co.; Gem; HCM; Lincoln; Loomis; Magten; Smith, Graham.
Real estate managers: Copley; Equitable; JMB; Lowe; Mellon/McMahan; Prudential; PSI; RREEF; Sentinel.
Options managers: Balch; Oppenheimer; McQ.
The master custodian and global custodian is Bankers Trust.
Key personnel overseeing the investment management of the fund are Gary Mattingly, general manager; Allan E. Moore, assistant general manager; and Tom Lopez, chief investment officer.
Los Angeles Water & Power
Employees Retirement
Plan
($ millions)
Total assets2,600
Defined benefit2,600
Employer DB contributions145
Benefit payments120
Internally managed assets:
Defined benefit350
Hedging devices used:
Stock options
Defined benefit asset mix:
Stocks.50%
Fixed income.38%
Cash equivalents.12%
LOS ANGELES - As of Sept. 30, total employee benefit assets of the Los Angeles Water and Power Employees Retirement Plan increased 4.5% from June 30, 1992. All assets are defined benefit.
Equity managers: Boston Co.; Merus Capital; TCW.
Fixed-income managers: Boston Co.; Merus Capital; TCW.
The master custodian is Bank of America; the investment consultant is SEI.
Key personnel overseeing the investment management of the fund are Kathleen Thornton, assistant retirement plan manager, and Anna Chi Honda, investment officer.
Louisiana State Employees'
Retirement System
($ millions)
Total assets* 3,222
Defined benefit 3,222
Employer DB contributions 314
* From Money Market Directory
BATON ROUGE, La. - As of Sept. 30, the Louisiana State Employees' Retirement System's total assets increased 7.5% compared with a year earlier, according to the Money Market Directory. All assets are defined benefit.
Louisiana Teachers'
Retirement System
($ millions)
Total assets*5,449
Defined benefit5,449
Employer DB contributions359
Benefit payments450
*as of June 30, 1993
Internally managed assets:
Defined benefit164
Defined benefit asset mix:
Stocks52%
Fixed income45%
Cash equivalents3%
BATON ROUGE, La. - As of June 30, the Louisiana Teachers' Retirement System's total employee benefit assets increased 13.5% from a year earlier. All assets are defined benefit.
Equity managers: Domestic - Boston Co.; Eagle; Equitable; Harris Bretall; INVESCO; Moran; Palley Needelman; Putnam; Scudder; Smith Barney; Sun Bank; TCW.
International - Batterymarch; Scudder.
Fixed-income managers: Domestic - Boatmen's; Criterion; Kemper; Morgan Stanley; Scudder.
International - Scudder, Kemper.
The master custodian is City National Bank/Baton Rouge; the global custodian is Chase; the investment consultant is Holbein.
Key personnel overseeing the investment management of the fund are James Hadley, director, and Jennifer Netterville, investment officer.
Maine State
Retirement System
($ millions)
Total assets3,000
Defined benefit3,000
Employer DB contributions232
Benefit payments230
Defined benefit asset mix:
Stocks59%
Fixed income35%
Cash equivalents5%
Real estate equity1%
AUGUSTA, Maine - As of Sept. 30, the Maine State Retirement System's total employee benefit assets increased 20% from a year earlier. All assets are defined benefit.
Equity managers: Domestic - Alliance; Ark; Columbus Circle; Gouws; Geo; PanAgora; Peregrine.
International - Bankers Trust; Brinson; Walter Scott.
Fixed-income managers: Alliance; Boston Co.; Morgan Guaranty; PanAgora; Putnam.
Real estate manager: PCA Realty.
The master and global custodian is Boston Safe; the investment consultant is Ennis, Knupp.
Key personnel overseeing the investment management of the fund are Claude R. Perrier, executive director, and William B. Ross, investment account coordinator.
Martin Marietta Corp.
($ millions)
Total assets5,166
Defined benefit3,894
Profit-sharing1,272
Employer DB contributions123
Benefit payments128
Employer DC contributions16
Internally managed assets:
Defined benefit1,227
Defined benefit asset mix:
Stocks45.8%
Fixed income23.4%
Cash equivalents30.8%
Defined contribution asset mix:
Company stock20.6%
Other stock29.6%
Fixed income3.2%
GICs/BICs11.6%
Cash equivalents35.0%
BETHESDA, Md. - As of Sept. 30, Martin Marietta Corp.'s total employee benefit assets increased 36.2% from a year earlier. Defined benefit assets increased 51.1% during the same period; defined contribution assets increased 4.6%.
Equity managers: Domestic - Bankers Trust; Breau; Capital Guardian; Hanover; Invista; Pioneering; State Street Research; Torray.
International - Capital Guardian; Van Eck.
Fixed-income managers: Domestic - Hanover; T. Rowe Price; Standish Ayer.
International - Capital Guardian.
The master trustee and global custodian is Bankers Trust; the investment consultant is Evaluation Associates.
Key personnel overseeing the investment management of the fund are Wayne H. Shaner, assistant treasurer; Shawn Hendon, director-pension investments; and Karen Hummers, analyst-pension investments.
Maryland State Retirementand Pension Systems
($ millions)
Total assets17,036
Defined benefit17,036
Employer DB contributions668
Benefit payments735
Internally managed assets:
Defined benefit8,422
Defined benefit asset mix:
Stocks41%
Fixed income53%
Cash equivalents3%
Real estate equity2%
Mortgages1%
BALTIMORE - As of Sept. 30, Maryland State Retirement and Pension Systems' total employee benefit assets increased 15.2% from a year earlier. All assets are defined benefit.
Equity managers: Domestic - Bankers Trust; Capital Guardian; Investment Counselors of Maryland; Scudder, Stevens; State Street; Wellington Trust.
International - Bank of Ireland; BEA; Harbor Fund; Templeton.
Fixed-income managers: Domestic - Investment Counselors of Maryland; Mercantile Safe; PIMCO; Standish, Ayer & Wood.
Real estate managers: CIGNA; Copley; J.P. Morgan; Sentinel.
The master trustee is First National Bank of Maryland; the global custodian is State Street Bank.
Key personnel overseeing the investment management of the fund are Carol Casey, chief investment officer; Arthur M. Lynch Jr., director-actively managed investments; Lawrence J. Bach, director-passively managed investments; and Victoria Willard, director-cash and bond management.
Massachusetts Pensions
Reserve Investment
Management Board
($ millions)
Total assets*3,884
Defined benefit3,884
*From Money Market Directory
BOSTON - The Massachusetts Pension Reserve Investment Management Board's employee benefit assets totaled $3.884 billion as of June 30, according to Money Market Directory. All assets are defined benefit.
Massachusetts State
Teachers & Employees
Retirement Systems
($ millions)
Total assets7,755
Defined benefit7,755
Employer DB contributions132
Internally managed assets:
Defined benefit300
Defined benefit asset mix:
Stocks44%
Fixed income46%
Cash equivalents4%
Real estate equity3%
Venture capital3%
BOSTON - As of Sept. 30, the Massachusetts State Teachers & Employees Retirement Systems' total employee benefit assets increased less than 1% from the $7.69 billion reported year earlier by Money Market Directory. All assets are defined benefit.
Equity managers: Domestic - Alliance; Chancellor; Fidelity Management; Goldman Sachs; Greaves Capital; Independence Investment; Massachusetts Financial; Morgan Stanley; Numeric; State Street Global; Boston Co.
International - BEA; Fidelity Management; PanAgora; Wardley.
Fixed-income managers: Domestic - Dodge & Cox; Loomis, Sayles; Morgan Grenfell; PanAgora; Putnam; Standish, Ayer & Wood; Smith Barney; TCW.
International - Massachusetts Financial; Putnam; Scudder, Stevens.
Real estate managers: Aetna; AEW; Bear Stearns; Copley; First Chicago-Brinson; Franklin Properties; Hancock; Lehndorff & Babson; Meridian Point; Metric; Public Storage; Shurgard; Sierra Capital; Sterling Group; TA Associates.
Venture capital managers: Beta Partners; Bigler Crossroads; Clayton & Dubilier; Frontenac; Hancock Venture; Prudential Equity; Media Communication; Narragansett; New Enterprise; Vista; Thomas H. Lee; Welsh, Carson, Anderson & Stowe.
Domestic balanced manager: RXR Group.
Future funds: Prudential-Bache.
Alternative investments managers: Massachusetts Fiduciary Advisors; Sentry Financial.
The master custodian and global custodian is Boston Safe Deposit; the investment consultants are Callan Associates and Townsend Group.
The key person overseeing the investment management of the fund is Joseph P. Craven, deputy treasurer.
McDonnell Douglas Corp.
($ millions)
Total assets7,110
Defined benefit5,320
Total defined contribution1,790
Employer DB contributions0
ST. LOUIS - As of Sept. 30, McDonnell Douglas Corp.'s total employee benefit assets increased 5.3% from a year earlier. Defined benefit assets increased 2.3% during the same period; defined contribution assets increased 15.5%.
Equity manager: Domestic - Bankers Trust.
International - Bankers Trust.
Fixed-income managers: Domestic - Banker's Trust; Sanford Bernstein; Boatmen's; Goldman Sachs; Miller, Anderson.
Real estate managers: LaSalle; RREEF; TCW.
The master trustees are Bank of New York and Chase Manhattan.
Key personnel overseeing the investment management of the fund are Sheryl K. Pressler, director-retirement funds management, and Patricia A. Dahl, investment analyst.
Metropolitan Life Insurance Co.
($ millions)
Total assets4,528
Defined benefit2,911
Total defined contribution1,617
|Thrift/savings1,520
|Other97
Employer DB contributions0
Benefit payments161
Employer DC contributions47
Internally managed assets:
Defined benefit2,911
Defined contribution1,617
Defined benefit asset mix:
Stocks49%
Fixed income41%
BIC/GIC 10%
Defined contribution asset mix:
Other stock25%
Fixed income74%
Real estate1%
NEW YORK - As of Sept. 30, Metropolitan Life Insurance Co.'s total employee benefit assets increased 12.1% from a year earlier. Defined benefit assets increased 10.8% during the same period; defined contribution assets increased 14.4%.
All assets are managed internally.
State of Michigan Retirement
Systems
($ millions)
Total assets24,307
Defined benefit24,307
Employer DB contributions1,100
Benefit payments1,540
Internally managed assets:
Defined benefit22,834
Hedging devices used:
Stock index futures
Defined benefit asset mix:
Stocks38%
Fixed income30%
Cash equivalents17%
Real estate equity6%
Mortgages4%
Alternative investments5%
LANSING, Mich. - As of Sept. 30, the State of Michigan Retirement
System's total employee benefit assets increased 11.3% from a year earlier. All assets are defined benefit.
Real estate managers: AEW; Copley; Hancock Timber; L&B; Lowe Enterprises; NBD Mortgage; Sentinel; Trammell Crow; Zell/Merrill Lynch.
Alternative investment managers: Accel Partners; Baring; Battery
Ventures; Berkshire Partners; Burr, Egan, Deleage; Crown-Glynn; DLJ; Energy Investors; Enterprise Management; Equity Institutional; Foothill Group; Frontenac; Great Lakes Capital
Management; Health Care Investment; IMR Management; Inter Ven
Partners; Hancock Venture Capital; KKR; Marquette Management; MBW
Management; Menlo Ventures; Midwest Bank Funds; MLGA Partners; Morgan
Holland; Newtek Partners; Phoenix Fund Managers; Plant Resources
Ventures; Regional Financial; Rice Capital; Robertson, Stephens;
Sunwestern Investment; Torch Energy; Warburg, Pincus; Wind Point
Partners.
The master custodian is the state treasurer.
Key personnel overseeing the investment management of the fund are
Barry L. Stevens, director-bureau of investments; and Gordon H.
Linsday, deputy director.
