PENSION FUNDS
Connecticut Retirement Plans & Trust Funds will receive $1.6 billion in additional contributions next fiscal year due to a state budget surplus.
Andrew H. Junkin was named chief investment officer of the $105 billion Virginia Retirement System.
The PBGC has approved more than $6 billion in aid to struggling multiemployer plans, but stakeholders await final rules.
Texas County & District Retirement System committed an additional $6 million to two venture capital funds managed by Shine Capital.
Elizabeth T. Burton, chief investment officer of the $22.5 billion Hawaii Employees' Retirement System, is stepping down effective June 30.
Canada Pension Plan Investment Board reported net assets of C$539 billion ($431.8 billion) as of the end of its March 31 fiscal year.
The head of one of North America's biggest investors in private markets wants to cut its reliance on buyout firms and do more deal-making on his own.
David E. Kushner was named chief investment officer of the $3.5 billion Austin City Employees' Retirement System.
Ontario Teachers' Pension Plan Board is considering opening an office in India as part of its expansion into fast-growing emerging markets.
San Diego City Employees' Retirement System rebalanced the allocation targets within its equity portfolio, while maintaining a 39% allocation.