Asset Allocation
New York State Pension Bulks Up on Private Equity in $3B Spree
The pension fund allotted more than $1.4 billion to the asset class in March alone.
Tag: New York Common Retirement Fund
Asset Allocation
Long-Lagging Venture Capital Shows Signs of Possible Turnaround
U.S. venture fund returns remain negative, but valuations are up and two recent high-profile VC-supported IPOs did well, a PitchBook report finds.
Asset Allocation
New York State Pension Commits More Than $1.3B in Investments in August
The majority of the month’s investment commitments were earmarked for the pension giant’s real estate portfolio.
Corporate Moves
Hamilton Lane Names New CFO in Leadership Shuffle
Revamp taps three other executives for new roles and follows elevation of Andrea Kramer to chief operating officer in May.
Dark Clouds Over Commercial Real Estate Don’t Frighten Allocators
Prices are down and dire forecasts abound, but asset owners plan to modestly boost their CRE exposure.
Asset Allocation
New York Common Earmarked More Than $1.1 Billion to Alts in December
The pension fund also terminated a nearly $500 million account with Rockefeller Asset Management.
Research
When Will Beaten-Up Real Estate Turn Around?
The easy answer is a rebounding economy. But that’s not the sole factor, a Northern Trust Asset Management study finds.
Newsmakers
The New York Common Retirement Fund Will Vote to Remove the Boards of Twitter and Meta Today
The pension fund cites the companies’ failure to moderate violent content in the wake of recent mass shootings.
Asset Allocation
U.S. Pension Funds Scramble to Figure Out What to Do With Russian Investments
Colorado has already divested from its Russian investments, while CalPERS, CalSTRS and others mull their options.
Newsmakers
New York Common Calls on Tesla to Disclose Spending on Discrimination Complaints
The pension made the move after a racial discrimination lawsuit led to a $130 million verdict in punitive damages.
Newsmakers
New York Common Returns 4.74% in Q3
This quarter’s returns were significantly better than the last one’s.
Alternatives
As COVID Recedes, Can Gold Maintain Its Lofty Level?
The commodity has been having a good month despite a recent report of low demand.
The Exxon Vote: Pension Supporters Stay Onboard to Advance Change
CalPERS, CalSTRS, and NY Common helped push through outside directors at the oil leviathan, rather than unload its shares.
Index-Besotted Institutions Miss Out on Good Deal: Stock Pickers
Sure, passive beats active hollow overall, but ferreting out the market beaters is worth it. Some pension funds heartily agree, some really don’t.