Lagged Manager Activity Impacts New Hampshire’s Private Pacing Plan
Consultant recommends the pension complete between $300 million to $400 million of new commitments per vintage year for the next several years.
Asset Allocation
Market Uncertainty Prompts North Dakota Investment Board to Review Asset Allocation
Oil-fueled ‘legacy fund’ goes under the microscope.
LACERA Beefs Up Its Investment in Chinese Bioscience
First VC investment of 2019 helps the pension plan increase its exposure to the world’s fastest-growing healthcare sector.
Oregon to Invest Up to $3.5 Billion in Private Equity in 2019
Plans to relaunch revised co-investment program and beef up PE team.
Ohio PERS Advances New Asset Allocation Studies
$100 billion pension debates new approaches after reducing assumed rate of return twice in recent periods.
Meketa’s Co-CEO Anticipates Private Markets Growth After Lucrative Merge
Pension Consulting Alliance’s real estate strengths expected to provide a boon.
Dutch Pension Manager and Shell Eye Buying Energy Company
Recession fears, trade wars, rate hikes, and a strong dollar weigh down index.
New York Appropriates $1.2 Billion in Direct and Indirect Investments
Institution continues strong focus on real estate and private equity, terminates global equity account.
Texas Teachers’ Closes Out Year with $1.8 Billion in New Commitments Across 12+ Strategies
Commitments primarily focused on real estate and infrastructure.
Alabama Retirement System Acquires Major US News Chain
News outlet CNHI is being spun off by Raycom Media, which is being bought.
CalPERS Restructures Infrastructure Guidelines
Pension officials hope more flexibility to invest in international infrastructure projects in developed countries will give the program more diversification and help results.
Australian Superfund Executes Substantial Renewable Energy Investment
The Warradarge wind farm is a 180-megawatt greenfield development based in Western Australia.
CalPERS Buys Small Stake in Marijuana Stocks
The giant pension fund dipped its toes in the bongwater in Q3, SEC filings show.