Alternative Investments: In the midst of talks that will likely result in a new investment portfolio mix for the El Paso County Retirement Plan, the Board has approved commitments to new funds, Thomas Pfeifle, executive director told IMMP Wednesday.
International Equity: The joint board for the Grand Rapids, Mich. General Retirement System and Police and Fire Retirement System, based off a recommendation from investment consultant Wilshire Associates, was slated to review search documents for fixed-income, master limited partnerships (MLPs) and equity strategies last week.
Real Estate: The $9.1 billion Cook County Employees & Officers Annuity & Benefit Funds are currently accepting proposals for non-core real estate investment management services, IMMP has learned.
Thomas P. DiNapoli
New York State Comptroller
Firm: New York State Common Retirement Fund
The Orange County Employees Retirement System (OCERS) could make changes affecting its manager watch list this week.
Alternative Investments: Trustees at the $7.3 billion Arizona Public Safety Personnel Retirement System (PSPRS) will discuss $355 million in possible new commitments at its Investment Committee meeting Wednesday.
Alternative Investments: Board trustees for the $34.2 billion Illinois Municipal Retirement Fund (IMRF) decided to funnel about $300 million to new non-U.S. private equity and emerging markets equity strategies (EME), IMMP has learned.
Fixed-Income: The Ann Arbor Employees Retirement System (ERS) Board of Trustees decided recently to utilize Russell Investments for transition asset management services.
Fixed-Income: After hearing from four finalists, the Louisiana Municipal Police Employees Retirement System (MPERS) Board of Trustees decided to hire Investec Asset Management for its new emerging market debt account, confirmed Executive Director Kathy Bourque.
Fixed-Income: The Oklahoma Tobacco Endowment Settlement Trust (TSET) is considering three firms for possible oversight of a high yield mandate.
The $4.8 million Oakland Municipal Employees Retirement System (OMERS) was scheduled to discuss transitioning assets within its fixed-income portfolio, documents prepared for its Aug. 20 meeting state.
Fixed-Income: Brandywine Global Investment Management has been awarded a new global multi-sector fixed-income allocation at the Kansas City Police Employees Retirement System (KCPERS), confirmed Jim Pyle, KCPERS pension systems manager.
Fixed-Income: The Fresno County Employees Retirement Association (FCERA) has approved global firm Brandywine Global Investments Management to oversee a roughly $280 million portfolio, Becky Van Wyk, interim retirement administrator at the plan, told IMMP.
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
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.