Michigan Pension Fund Files Complaint Against ZoomInfo
The City of Pontiac Police and Fire Retirement System alleges the software and data company made misleading statements.
Pensions
CPPIB, Blackstone Acquire Australian Data Center Operator
The duo will purchase AirTrunk from a consortium of investors.
UK’s Largest Pension Buys $531M Worth of Homes From Blackstone Joint Venture
The Universities Superannuation Scheme has acquired a portfolio of 3,000 shared-ownership residences from Sage Homes.
Pressure Mounts on Public Pension Funds to Divest Chinese Investments
State and federal legislation aims to prohibit public funds from investing in the country.
Higher Military Outlays Are Boosting Defense Stocks—With More Upside Ahead, Say Strategists
In the US, members of both parties back a boost in Pentagon spending. The consensus is similar for military-related outlays in Japan and Europe.
Maryland Retirement Agency Hires Deputy CIO
Thomas Kim has joined the $67.7 billion Maryland State Retirement and Pension System.
Crown Holdings to Transfer $740M in Pension Liabilities to MassMutual
The packing products supplier will offload liabilities for 12,000 plan participants.
New York State Common Makes Climate Deals With 5 Portfolio Companies
The agreements with five portfolio companies include energy transition reporting disclosures.
New York State Pension Earns 1.4% in Q1 of Fiscal 2024
The New York State Common Retirement Fund’s asset value remained unchanged at $267.7 billion due to $4.2 billion in payouts.
Equities Fuel Kentucky Teachers’ Pension’s 12.3% Fiscal 2024 Gains
The TRS’ annuity trust’s asset value grew to nearly $26 billion despite missing its benchmark by more than 150 basis points.
CDPQ Returns 4.2% in First Half of 2024
The returns raised the Canadian pension fund’s assets to C$452 billion, but its performance fell short of its benchmark’s 4.6% return.
Arkansas Public Employees’ Retirement System Returns 10.42% in Fiscal 2024
The assets of APERS grew to $11.479 billion.
PBGC Grants $31.6M to Newspaper Drivers Pension Plan
The Ohio-based Newspaper Drivers Local 473 Plan will receive funding under the Special Financial Assistance Program.
STRS Ohio Returns 10.53% in Fiscal 2024
The assets of the State Teachers Retirement System of Ohio grew to $95.3 billion.
Virginia Retirement System Returns 9.9% in Fiscal 2024
The assets of the pension fund rose to a record $113.9 billion.