Fixed-Income: Thanks to a heightened interest in diversified inflation strategies, the Kansas City Police Employees Retirement System (KCPERS) Board of Trustees decided last week to hire Fidelity Investments Strategic Real Return Fund.
U.S. Equity: The $795 million Fort Lauderdale Police & Fire Retirement System Board of Trustees has removed PIMCO and Lee Munder from its manager roster.
Alternative Investments: The $7.6 billion Sacramento County Employees Retirement System (SCERS) may explore investments in debt backed by real assets, according to documents published by the pension plan.
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Fixed-Income: Investment committee members at the New Mexico Public Employees Retirement Association (NMPERA) approved a recommendation to place one of its fixed-income managers on watch.
Alternative Investments: The Baring Asia Private Equity Fund VI has won a spot in the Texas County & District Retirement Systems (TCDRS) investment portfolio.
Fixed-Income: Board trustees at the Tulare County Employees Retirement Association (TCERA) have approved placing PIMCO on its watch list due to the departure of Co-founder Bill Gross, Dave Kehler, administrator at the pension fund, told IMMP.
U.S. Equity: The Los Angeles County Employees Retirement Association (LACERA) will issue RFIs for U.S. and non-U.S. activist equity managers.
U.S. Equity: Board trustees for the Plymouth County Retirement Association (PCRA), with the assistance of investment consultant Wainwright Investment Counsel, issued two RFPs recently for mid-cap and small-cap strategies.
Alternative Investments: The Massachusetts Pension Reserves Investment Management (PRIM) Board approved an up to $200 million private equity investment with Centerbridge Partners, a plan spokesperson confirmed.
Alternative Investments: The Adams County Retirement Plan added two new direct private equity investments to its portfolio last month, according to recently published minutes for its Sept. 2 Board meeting.
U.S. Equity: The more than $7 billion New Hampshire Retirement System Investment Committee is currently considering the benefits of a large-cap U.S. equity sector-neutral portfolio, plan documents indicate.
Alternative Investments: A Wednesday Board meeting at the $17 billion San Francisco City and County Employees Retirement System (SFERS) could find the Board of Trustees approving up to $140 million in new investments.
U.S. Equity: Systematic Financial Management, a Teaneck, N.J.-based affiliate with the Affiliated Managers Group (AMG), has been placed on watch by the Teachers Retirement System of Louisiana (TRSL), IMMP has learned.
Alternative Investments: The roughly $6 billion Alameda County Employees Retirement Associations (ACERA) Investment Committee approved a new absolute return commitment last month.
Alternative Investments: The Arlington County Employees Retirement System (ACERS) Board agreed recently to commit funds to BV Investment Partners, a more than 30-year-old private equity firm, plan documents indicate.
Fixed-Income: An emerging market fixed-income search has been launched by the New Mexico Public Employees Retirement Association (NMPERA).
Fixed-Income: After a round of finalist interviews last week, trustees for the City of Fairfield, Conn. Police and Fire Retirement Funds chose Standish Mellon Asset Management as its new global fixed-income manager, plan documents indicate.
Alternative Investments: The New Mexico Educational Retirement Board has pushed out an RFP for private equity investment consulting services.
U.S. Equity: The Los Angeles Fire and Police Pension System (LAFPP) has opened up asset management searches for fixed-income, equity and commodities investment strategies.
Alternative Investments: The Texas County & District Retirement Systems (TCDRS) has made commitments to two separate alternative investment funds for a total of $105 million.
U.S. Equity: Board trustees for the Sterling Heights Police and Fire Retirement System (PFRS) and the General Employees Retirement System (GERS) interviewed large-cap core equity managers for possible inclusion into their investment portfolio.
Real Estate: Two new investments will be added to the New Mexico Educational Retirement Boards real estate portfolio, Bob Jacksha, CIO at the pension plan, told IMMP following a Thursday Investment Committee meeting.
Alternative Investments: The Merced County Employees Retirement Association (MCERA) will invest with two infrastructure managers, Steven Bland, plan administrator told IMMP.
U.S. Equity: The Oregon Investment Council gave a nod to place $2 billion with Dimensional Fund Advisors at its Wednesday meeting, Michael Cox, spokesman for the Oregon State Treasurers office confirmed to IMMP.
Alternative Investments: Earlier this month, the nearly $13 billion Maine Public Employees Retirement System (PERS) Board agreed to award Inflexion Private Equity and Advent International with new private equity commitments, confirmed plan CIO Andrew Sawyer.
U.S. Equity: Performance issues and personnel changes at Thornburg Investment Management have prompted the $2.1 billion Fort Worth Employees Retirement Fund to terminate the firm.
U.S. Equity: The more than $2 billion Pennsylvania Municipal Retirement System (PMRS) is on the hunt for a new large-cap growth manager, confirmed Stephen Vaughn, plan secretary.
U.S. Equity: The City of Ormond Beach, Fla.s three pension trusts are currently searching for small/mid-cap growth managers, confirmed Kelly A. McGuire, city finance director.
Alternative Investments: The roughly $2 billion Oklahoma Firefighters Pension and Retirement System is prepping two asset management searches for release later this week.