Pensions
IPERS Returns 9.87% in Fiscal 2025
Assets of the Iowa Public Employees’ Retirement System rose to $46.68 billion.
Tag: Iowa Public Employees’ Retirement System
Pensions
Iowa Public Employees’ Retirement System Returns 9.07% in Fiscal 2024
The fund’s assets grew to $43.61 billion by the end of June.
Manager Selection
Iowa Pension Recommends 9 New Managers for Real Assets Portfolio
IPERS plans to make $500 million in real assets commitments in 2024.
Pensions
IPERS Plans Private Asset Reallocation
The Iowa Public Employees’ Retirement System will keep PE commitments the same and will increase commitments to private credit.
Pensions
Iowa PERS Announces 5.41% Return for Fiscal 2023, Exceeding Benchmark
The fund grew to $41.13 billion, a $1 billion increase over the last fiscal year.
Asset Allocation
IPERS Reallocates Portfolio and Portfolio Agenda
The reallocation sees the fund increasing its overall investment in private equity by 400 basis points.
Asset Allocation
Iowa Public Pension Fund Loses 3.9% in Fiscal Year 2022
Asset value of trust fund falls by more than $2.7 billion to end the year with just over $40.1 billion.
Newsmakers
Stock Loan Tiff: 4 Allocators’ Case Against Wall Street Firms Advances
Plans for Iowa, Los Angeles County and two other California counties seek class action standing against Goldman and four others.
Manager Selection
Iowa State Employees’ Pension Names New CIO
Sriram Lakshminarayanan replaces Karl Koch as the head of Iowa PERS’ $43.3 billion portfolio.
Newsmakers
Ken Fisher’s Lewd Comments Cost Him a Big Client
The State of Michigan Retirement Fund has severed ties with billionaire asset manager’s firm, yanking $600 million investment.
Private Equity Steers Iowa PERS to 8.35% Return
Fund beats 2018 performance and assumed rate, but just misses benchmark.
Research
Despite Good Returns, Iowa Public Pension’s Unfunded Liability Likely to Grow Slightly
Lack of contributions are the problem for IPERS, critic says.
Newsmakers
No Plans to Cut IPERS Benefits, Iowa Gov. Says
Opponents say Kim Reynolds’ administration secretly wants to move IPERS members into hybrid benefit plans.