The state of Kentucky, represented by Attorney General Daniel Cameron, is getting involved in a lawsuit that claims hedge fund firms and ex-officials of the commonwealth’s public pension system breached their fiduciary duty by arranging very risky investments.

A Mid-Atlantic police and fire pension fund made commitments to three private equity managers at its board meeting this week.

A New England pension fund has narrowed its value-add real estate search to four firms.

The Arkansas Teacher Retirement System is suing Allianz Global Investors over at least $774 million in losses incurred by the manager earlier this year.