Nov 21, 2014 – New York City Comptroller Scott Stringer searched in-house this week to appoint the heads of private equity and hedge funds for the nearly $160 billion New York City Pension Funds.
Nov 21, 2014 – The Ann Arbor Employees’ Retirement System Board has added two more hedge fund managers to its newly minted direct hedge fund program, plan documents indicate.
Nov 21, 2014 – Trustees at the $632 million Merced County Employees Retirement Association (MCERA) have given the green light for a new portfolio addition.
Nov 21, 2014 – A new firm has been added to the manager roster at the Fort Worth Employees’ Retirement Fund.
Nov 21, 2014 – More than half of the U.S. states reduced their net pension liabilities in fiscal 2013, Moody's said in a report released Thursday.
Nov 20, 2014 – First quarter returns for fiscal year 2015 have dipped slightly at the Alaska Permanent Fund, Michael Burns, CEO, said Wednesday.
Nov 20, 2014 – JEA, north Florida's largest combined public utility, cannot divert revenue to help solve Jacksonville's pension liabilities without raising rates and jeopardizing its credit ratings, according to its financial advisors.
Nov 20, 2014 – The Chicago City Council adopted Mayor Rahm Emanuel's $7.3 billion 2015 budget, pushing off a fix for a pension-related fiscal cliff until after next year's municipal elections.
Nov 19, 2014 – Early next year, the City of Manchester Employees’ Contributory Retirement System (MCERS) will review its asset allocation, confirmed plan Executive Director Gerald Fleury.
Nov 19, 2014 – Several Chicago City Council members are asking the Securities and Exchange Commission and city inspector general to investigate whether campaign contributions to Mayor Rahm Emanuel from executives at firms with city pension business violate local ethics or federal pay-to-play rules.
Nov 19, 2014 – Trustees for the City of Stamford, Conn. Classified Employees Retirement Fund (CERF) recently terminated PIMCO from the plan's asset manager roster, IMMP has learned.
Nov 18, 2014 – The Retirement Board of Allegheny County decided recently to hire local Pittsburgh firm Fusion Investment Group to join its emerging manager program.
Nov 18, 2014 – Total unfunded state other postemployment benefit liabilities are stable from last year, despite low funding ratios, according to a report released Monday by Standard & Poor's.
Nov 18, 2014 – The East Bay Municipal Utility District (EBMUD) Employees’ Retirement System will discuss making updates to its watch list this week, materials prepared for a Nov. 20 Board meeting indicate.
Nov 17, 2014 – The $12.5 billion Maine Public Employees Retirement System (PERS) Board agreed to allocate roughly $260 million to three private equity managers last week, confirmed CIO Andrew Sawyer.