New York State Common Retirement Fund Invests More Than $3B in May
Notable among the pension giant’s outlays was a $1 billion investment in a fund managed by Khosla Ventures.
Notable among the pension giant’s outlays was a $1 billion investment in a fund managed by Khosla Ventures.
State Comptroller Thomas DiNapoli warns that firms ‘that engage in political spending risk damaging their reputations.’
The $242.3 billion state pension fund also committed more than $600 million to alts in February.
The investment accounts for half of the $242 billion pension fund’s January commitments.
New York State Common Retirement Fund benefits from having a fiscal year that ended before the second-quarter market slump.
Former NYC mayor cites gunmaker investments held by the state’s two largest pension funds.
Equities helped boost the investment portfolio’s asset value by more than $60 billion to $254.8 billion.
Commercial real estate in the Nordic region, suburban garden style apartments in the US are among the $565 million in bets the pension fund placed in August.
Shareholder proposals follow CalSTRS, Jana Partners’ Apple actions.