Francis Blair will help PSP Investments debt division’s focus on distressed companies.
Gov.-elect Murphy hopes to meet or beat Gov. Christie’s state contribution plans.
Sees strongest support from Japan, Korea, Canada, and Germany-based institutional investors.
Blames regents for ‘policy flip flop’ and ‘political gamesmanship.’
Report cites empty promises from Social Security, DB programs as the cause.
Raises $1.1 billion from foundations, endowments, public and private pensions, and sovereign wealth funds.