Alabama’s Employees Retirement System pension fund earned only a 2.78% rate of return during the fiscal year that ended Sept. 30, but Retirement Systems of Alabama CEO David Bronner pointed out that the figure was skewed by a “really rotten first quarter.”

A Mid-Atlantic pension plan has added a new private equity commitment.

Firm’s second junior debt fund closes at its cap.

Firm has closed a $350 million middle-market collateralized loan obligation, Churchill Middle Market CLO IV Ltd.

A California pension plan has hired two infrastructure managers to fill out a new allocation to the asset class.

A Louisiana pension plan hired a domestic small-cap growth equity manager to handle $25 million at its board meeting yesterday.