The majority of the $700 million commitment deployed as part of a network of real estate organizations controlled by the pension plan.
Volatility in equity markets continues to concern plan sponsors.
As the European Commission approves the move, parliament calls off the trims, slated for 2019.
The San Francisco system makes four more private market commitments, adding to the more than $3 billion already committed this year.
James Donahue will work with chief Steve Davis to develop the fund’s structure.
Move follows recent money laundering investigation.
Alex Doñe will provide direct investment advice to the five New York City Retirement Systems.
Lack of contributions are the problem for IPERS, critic says.
Liesbeth Sinke is exiting the organization while Hendri den Boer transfers to its asset management unit.
UK regulator TPR forced company’s hand over dividend payout imbalance.
Union says ruling prevents 80,000 members from losing average of £24,000 in pension benefits.
But the court might rule on a narrower issue, continuing the controversy over whether the benefits promised employees are fixed for life.
Jair Bolsonaro wants age increases for retirement eligibility slowly integrated sector-by-sector.
As the state Supreme Court mulls whether to reinstate the new Republican pension law, the party’s lawmakers look for a Plan B if they lose.