Plaintiffs says retirement system board reduced benefits unlawfully.
Ben Meng’s predecessors did not have deep investment roots, instead administrative and political experience were their calling.
State investment board cut nearly all of its hedge fund managers.
New 1.4% tax on private colleges’ investment income could be a ‘harbinger’ for non-profit entities.
Fourth-quarter ‘State of the States’ report sees “no improvement” in state pension plan funding.
Investment includes first-of-its-kind program to support veterans.