Manager Selection
Alex Doñé, Former NYCRS CIO, Joins Platinum Equity as Managing Director
Doñé left NYCRS after two years as their CIO.
The Common Retirement Fund also earmarks investments in absolute return and credit.
The proposal’s aim is to reduce risk and enhance income, report to trustees says.
The Common Retirement Fund allocates nearly half of the month’s commitments to real estate investments.
Canadian pension plan tops benchmark as asset value grows to C$114.4 billion.
Brad Lander wants the city’s pension funds to be able to invest more in alternative assets. Last year he called some of them ‘risky and speculative.’