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Leads Database

Mandate Pipeline

Stringer Appoints New York City Pension Alt Leaders

– 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.

Ann Arbor Hires Hedge Funds Tse Capital, Standard Pacific

– 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.

Merced County Pension Allocates to Real Estate

– Trustees at the $632 million Merced County Employees Retirement Association (MCERA) have given the green light for a new portfolio addition.

Fort Worth Retirement Fund Places Assets with Hammes

– A new firm has been added to the manager roster at the Fort Worth Employees’ Retirement Fund.

Moody's: More Than Half of the States Reduced Net Pension Liabilities in FY 2013

– More than half of the U.S. states reduced their net pension liabilities in fiscal 2013, Moody's said in a report released Thursday.

Alaska Permanent Fund Sees Drop in Returns

– First quarter returns for fiscal year 2015 have dipped slightly at the Alaska Permanent Fund, Michael Burns, CEO, said Wednesday.

Jacksonville Utility to Negotiate City Pension Liability Contribution

– 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.

Chicago Passes Budget That Punts on Pensions

– 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.

Manchester Retirement Officials Plan Allocation Review

– Early next year, the City of Manchester Employees’ Contributory Retirement System (MCERS) will review its asset allocation, confirmed plan Executive Director Gerald Fleury.

Chicago Aldermen Want SEC Probe of Mayor's Campaign Contributions

– 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.

Stamford Pension Fund Cuts PIMCO

– 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.

Allegheny County Hires Local Pittsburgh Asset Manager

– The Retirement Board of Allegheny County decided recently to hire local Pittsburgh firm Fusion Investment Group to join its emerging manager program.

S&P: OPEB Liability Is Stabilizing, But Funding Remains Low

– 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.

East Bay Utility Pension to Review Watch List

– 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.

MainePERS Promises $260M to Private Equity

– 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.


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