The $620 million City of Austin Police Retirement System will meet with four firms being considered for a hedge fund of funds mandate next month, Sampson Jordan, CEO at the plan said Thursday.
U.S. Equity: The Board at the Los Angeles Fire and Police Pension (LAFPP) will discuss criteria for upcoming searches, documents prepared for its Aug. 21 meeting indicate.
Real Estate: The City of Atlanta General Employees Pension Fund (GEPF) Board, with the assistance of investment consultant Callan Associates, is currently entertaining a new request for information from interested real estate managers, confirmed Richard Larimer, pension board administrator from the GEMGroup
Thomas P. DiNapoli
New York State Comptroller
Firm: New York State Common Retirement Fund
Alternative Investments: The New Mexico Educational Retirement Board (NMERB) approved $100 million in new investment commitments last week.
Real Estate: The Winchester, Mass. Contributory Retirement System has agreed to reissue a prior search for real estate fund managers, confirmed Karen Manchuso, plan Board administrator.
International Equity: An expected update on portfolio activities at the Montana State Board of Investments (BOI) will reveal changes seen in the private equity, real estate, fixed-income and equity portfolios.
The City of Pontiac, Mich. General Employees Retirement System Board of Trustees revisited a prior decision last month to commit to a Kennedy Capital Management small-cap fund, confirmed Deborah Munson, interim executive director.
The Marin County Employees Retirement Association (MCERA) Board of Trustees is considering six firms to advise the plan on its investment portfolio decisions.
The San Joaquin County Employees Retirement Association (SJCERA) could release an RFP on the market next month.
Fixed-Income: The Fresno County Employees Retirement Association (FCERA) has entered into contract negotiations with a firm to manage a global bond mandate, IMMP has learned.
U.S. Equity: The City of Pontiac, Mich. General Employees Retirement System Board of Trustees elected recently to award Kennedy Capital Management, based in St. Louis, Mo., with a new small-cap allocation.
Alternative Investments: The Investment Committee atthe New Mexico Public Employees Retirement Association (NMPERA) approved a recommendation to invest in a fund offered by Kohlberg Kravis Roberts (KKR) at its Aug. 12 meeting.
The Investment Committee atthe New Mexico Public Employees Retirement Association (NMPERA) approved a recommendation to invest in a fund offered by Kohlberg Kravis Roberts (KKR) at its Aug. 12 meeting.
Alternative Investments: Trustees at the Tulare County Employees Retirement Association (TCERA) will be delving into the topic of risk over the next few months, Dave Kehler, administrator at the plan, said Thursday.
Real Estate: The Los Angeles County Employees Retirement Association (LACERA) has lightened its real estate manager roster, David Kushner, CIO at the pension fund, confirmed to IMMP.
Alternative Investments: A recent investment transaction report indicates that New York State Common Retirement Fund (CRF) added nearly $800 million to existing and new fund managers in global equity and private equity asset classes.
Alternative Investments: Staff for the State of Wisconsin Investment Board (SWIB) reportedly committed more than $400 million to private equity over the past quarter, IMMP has learned.
The City of Fresno Retirement Systems (CFRS) Joint Board is interested in learning more about direct lending strategies.
Real Estate: The Massachusetts Pension Reserves Investment Management (PRIM) Board is set to consider a slew of investment actions that will likely impact current and future investment relationships within its private equity, real estate and timber, and hedge fund asset classes.
Trustees and staff at the Los Angeles Department of Water and Power Employees Retirement Plan (WPERP) will discuss commission recapture services at a meeting this Wednesday.
U.S. Equity: Board trustees for the Fort Lauderdale General Employees Retirement System (GERS) decided to follow the recommendation of investment consultant Dahab Associates to move a portion of its equity portfolio into index funds.
Alternative Investments: Global asset management firm Kohlberg Kravis Roberts (KKR) could find itself on the receiving end of assets from the New Mexico Public Employees Retirement Association (NMPERA) following talks this week.
Trustees at the $2.3 billion Cincinnati Retirement System (CRS) will continue to review the plans current investment portfolio over the next few months, Chris Meyer, chair of the Board, told IMMP Thursday.
Fixed-Income: Following a fixed-income manager review, the more than $460 million Ann Arbor Employees Retirement System Board of Trustees decided to terminate Bradford & Marzec, a global fixed-income manager based out of Los Angeles, Calif.
Alternative Investments: For the 2015 fiscal year, the Teachers Retirement System of Louisiana (TRSL) Board of Trustees have sanctioned a new investment pacing schedule that will add more than $1 billion to the retirement systems private market asset classes, confirmed Dana Brown, the plan's director of public markets.
The Contra Costa County Employees Retirement Association (CCCERA) is preparing to launch a search for investment advisory services, Gail Strohl, CEO at the pension plan, told IMMP.
Fixed-Income: At a meeting next month, trustees for the City of Fairfield, Conn. Police and Fire Retirement Funds Board will interview three bond managers for a new international fixed-income allocation.
Real Estate: The Fresno County Employees Retirement Association (FCERA) will review a recommendation to allocate assets to real estate investment firm Colony Capital at a meeting Wednesday