Firm has sued the New Jersey State Treasury for racial bias and the funneling of proprietary documents to a competitor in setting up a fund in the same “FAIR” program.
A Florida pension plan has approved a new public market portfolio structure that will see the elimination of five existing active managers as part of changes aimed at reducing duplication and increasing liquidity and reduce fees.
A Florida general employees pension fund will discuss two global infrastructure managers at its July board meeting after opting to move out of Master Limited Partnerships at its meeting today.