Newsmakers
Steven Meier Named Institutional Vice Chair at Neuberger Berman
The former New York City pension CIO will provide insights and thought leadership in a newly created role.
Tag: Steven Meier
Newsmakers
Steven Meier to Depart as CIO of NYC Pensions
The investment chief of the city’s Bureau of Asset Management is leaving November 7 for an unspecified new opportunity.
Newsmakers
NYC Comptroller’s Deputy CIO, Private Equity Head Departs
Eneasz Kądziela will leave the New York City pension system for a new opportunity.
Newsmakers
NYC Pension Systems Name Valerie Red-Horse Mohl as Deputy CIO
In charge of responsible investing at the $279 billion systems, Red-Horse Mohl will oversee diverse and emerging manager programs; ESG investing; and targeted investment programs.
Asset Allocation
Strong US Economy, AI Lead to Positive Outlook for 2025 Markets
Implications of Trump polices on tariffs and immigration remain significant unknowns.
Manager Selection
NYC Pensions Counter Anti-DEI Rhetoric With $23.1B Invested in Diverse Firms
CIO Steven Meier aims to set a ‘powerful example’ that diversity is fundamental to fiduciary duty.
News
Public Equities, AI Tech Firms Spur 10% Rise for NYC’s Pension Funds
The aggregate value of the city’s five pension funds rose to more than $274 billion in fiscal 2024.
Manager Selection
NYC Pensions Increase Allocation to Emerging Managers Following Outperformance
Minority- and women-owned managers have beaten the city’s pension funds’ benchmarks in all asset classes since 2015.
Asset Allocation
NYC’s 5 Pension Funds Return Combined 8% in Fiscal 2023
The returns are expected to reduce the city’s required contributions to the pension systems by approximately $550 million over the next five years.
Newsmakers
Steven Meier Named CIO of New York City Pension System
He succeeds Michael Haddad to become the first permanent CIO of NYCRS since Alex Doñé left in December.