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 Comptroller’s Office
Newsmakers
NYC Pension Systems Name Valerie Red-Horse Mohl as Deputy CIO
In charge of responsible investing at the $279 billion systems, Red-Horse Mohl will oversee diverse and emerging manager programs; ESG investing; and targeted investment programs.
Pensions
Voting Support for NYC Pension Proxy Proposals Continues to Wane
Only 21% of proposals that went to a vote were supported by shareholders, down from 35% in 2022.
Pensions
NYC Pensions Oppose Tesla Executive Pay Package
New York City Comptroller Brad Lander and seven other investment firms oppose Elon Musk’s proposed $56 billion pay package.
Manager Selection
NYC Pensions Increase Allocation to Emerging Managers Following Outperformance
Minority- and women-owned managers have beaten the city’s pension funds’ benchmarks in all asset classes since 2015.
Newsmakers
NYC Pension Funds Sued for Divesting $4 Billion in Fossil-Fuel Assets
The complaint alleges breach of fiduciary duty in ‘misguided and ineffectual gesture to address climate change.’
Market Moves
NYC Pension Funds File Board Diversity Proposals at 4 Firms
The city’s comptroller calls for disclosure of board members’ race and gender at Capital One, Las Vegas Sands, NextEra Energy and Caesars.