Newsmakers
Mark Levine’s Priorities at the NYC Pension System
The New York City Comptroller aims to increase investments in affordable housing and continue the office’s sustainability initiatives.
Tag: New York City Bureau of Asset Management
Manager Selection
New York City Pensions Shelve Recommendation to Rebid BlackRock Mandate, Terminate Fidelity
City Comptroller Brad Lander had proposed the moves, alleging the firms have failed to meet the funds’ net zero plans.
Manager Selection
NYC Comptroller Calls for City Pensions to Drop BlackRock, Fidelity, PanAgora
Brad Lander has recommended three of the city’s five pension funds rebid BlackRock’s U.S. public equities index mandates.
Newsmakers
Steven Meier to Depart as CIO of NYC Pensions
The investment chief of the city’s Bureau of Asset Management is leaving November 7 for an unspecified new opportunity.
Asset Allocation
NYC Retirement System’s Steven Meier on Rates, Risks and Opportunities in 2024
The CIO looks to ‘critical trends’ of decarbonization, deglobalization and demographic dynamics as portfolio drivers over the next 10 years.
Newsmakers
NYC Appoints Former White House Private Equity Expert as CIO
Alex Doñe will provide direct investment advice to the five New York City Retirement Systems.
Newsmakers
NYC Comptroller Crowns New Private Equity Chief for Investment Bureau
David Enriquez will handle city’s $12 billion PE portfolio, which spans its five pension systems.
NYC Public Pension System Preliminaries Show 12.95% Return
Including 2017, compound rate of return is 7.4% over the last four years.