Illinois Municipal OK'd up to $250 million in alternatives commitments, including a joint venture with retired NBA star "Magic" Johnson.
Five large Canadian public pension plans increased exposure to less-liquid assets — but also boosted holdings of highly liquid securities.
Gillian Brown was named senior managing director, capital markets, at the C$193.9 billion ($148.8 billion) Ontario Teachers' Pension Plan.
Two Canadian pension plan executives agreed on the importance of taking calculated risks in managing their plans.
Illinois Municipal Retirement Fund withdrew previous commitments to two real estate funds and an infrastructure fund after contract reviews.
The Illinois Municipal Retirement Fund says it is considering internal management for some equity investments.
Francis Blair was named managing director, distressed credit investment and rescue finance, private debt, at PSP Investments.
British Columbia Investment Management Corp., Victoria, returned a net 9% on its investments in its fiscal year ended March 31.
Toronto-based trend of creating defined benefit plans runs counter to the norm.
Ziad Hindo was named chief investment officer of the C$189.5 billion Ontario Teachers' Pension Plan.
Minnesota investment chief touts his fund's new asset categorization and using Treasuries as a diversifier.
Ontario Teachers' chief executive has stepped in as interim CIO of the C$189.5 billion pension fund.
Pierre Lavallee, global head of investment partnerships at the Canada Pension Plan Investment Board, is leaving the board effective May 2.
Alberta Investment Management Corp. reported a net 10.4% return on its balanced fund investments in 2017, vs. its 9.1% custom benchmark return.
Ontario Pension Board, which administers the province's Public Service Pension Plan returned a net 10.8% in 2017, 40 basis points over its custom benchmark.
Marlene Puffer was named CEO of the C$16 billion ($12.7 billion) Canadian National Railway Pension Plan.
Pension funds held the line on overall active U.S. fixed-income allocations for the year ended Sept. 30, rising 0.4% for the top 200 plans.
Hartford HealthCare is looking for an investment director to assist in managing its $3.2 billion in pension, endowment and insurance assets.
St. Paul Teachers' Retirement Fund Association terminated activist hedge fund firm Corvex Management from a $13 million portfolio.
Funding relief in Ontario and Quebec could mean less derisking and more investment in alternatives in the new year.
Colleges of Applied Arts and Technology Pension Plan announced the Youth Services Bureau of Ottawa Pension Plan had merged with CAAT.
Canadian public and corporate defined benefit plans maintain funding levels on strength of Q4 equity gains
Ontario Teachers' Pension Plan is diving into investing in seafood farming by acquiring Atlantic Aqua Farms Partnership.
Minnesota State Board of Investment plans to allocate from 50% to 75% of its pension plan assets to capital-appreciating growth investments.
Ontario Teachers' Pension Plan agreed to sell stakes in two airports to Sunsuper Superannuation Fund and the New South Wales Treasury Corp.