Tag: Public Equity
NY State Pension Continues to Dial Back Its Stock Exposure
The New York State Common Retirement Fund exited more than $4.4 billion worth of public equity investments during the first 11 months of 2023, moving more into private equity and emerging managers.
San Diego County Pension Returns 9.6% in Fiscal 2023
PE Buyouts ‘Meaningfully’ Outperform Public Equities, Norges Bank Finds
The pension giant also found that venture capital and growth equity have underperformed public equities.
New York State Pension Cashes Out of $2.1B Public Equity Fund
The $254.1 billion pension giant also committed nearly $1 billion in July to a pair of investments within its credit portfolio.
Maryland State Pension Fund Returns 3.14% in Fiscal 2023
Strong gains from public equity investments raise the portfolio’s asset value to $65.2 billion.
Ontario Teachers’ Pension Reports 1.9% Return for 1H 2023
The C$250 billion pension fund also netted a 4.8% return for the 12-month period that ended June 30.
Public Equities Drag Orange County Pension Investments 7.8% Lower in 2022
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
New York State Pension Fund Invests More Than $1.4B in June
Nearly half of the commitments were made to three private equity funds.
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.
IPOs: Off to a Poor Start as 2023 Kicks Off
Illinois TRS Commits Nearly $6 Billion
Fund reported 26 commitments and two terminations between February and May.
CalPERS’ New Asset Allocation Kicks In July 1
The $442 billion pension fund is shifting money out of public equity and into private equity and other alts.