A pension plan in the Southeast committed to two private investment vehicles this month.
Kentucky Gov. Matt Bevin’s pension-relief proposal cleared the Republican-run state House by a slim margin Monday, surviving a crucial showdown as lawmakers continued a special legislative session convened by the GOP governor.
A Northeastern city has issued an RFP seeking an investment advisor for its reserve funds.
A mid-Atlantic police and fire pension fund made several manager hires and terminations and adopted a new strategic asset allocation this year.
A large city pension fund in Florida will issue an investment consultant RFP at the end of the month.
A West Coast County has rehired NFP to provide investment consulting services for its four retirement plans.
Hedge fund billionaire Raymond Dalio is giving $100 million to the state of Connecticut to create a nonprofit corporation to help disadvantaged young people finish high school and find jobs.
A public utility pension plan on the West Coast has issued its RFP seeking passive short-duration TIPS managers.
A police plan in the Midwest has set its private equity pacing schedule for the next five years.
A pension plan in the Northeast added 5 new managers as part of a new asset allocation.