Public and private assets helped the pension fund swing from a loss one year earlier to raise its asset value to $471.5 billion.
More than half of the $1.3 billion in June commitments were made within the NYSCRF’s PE portfolio.
Despite seven fewer transactions than one year earlier, total deal value rose 158%.
PE delivered 15.3% annually over 10 years, according to the American Investment Council.
WTW’s Thinking Ahead Institute found that international unrest and an uncertain worldwide economic outlook hinder an otherwise growing global retirement effort.
Meanwhile, allocators are moving out of stocks, which have been doing well lately, per a Nasdaq eVestment study.
Private equity investment in the insurance industry is affecting how some view risks in the pension risk transfer market, while others say it will broaden the PRT sector’s appeal as a diversification tool.
The experience of the Norwegian Government Pension Fund Global as a case study.