Fixed-Income
West Coast Plan Posts Core Fixed-Income RFP

A West Coast pension plan has issued its RFP for domestic core fixed-income managers.

03.05.20
People Moves
CalSTRS CEO Retiring

Jack Ehnes is retiring as ceo of the $252 billion California State Teachers’ Retirement System.

03.05.20
Domestic Equity
Midwest Plan Axes LCV Manager; Places 4 Firms On Watch

A Midwestern city pension plan terminated a domestic large-cap value equity manager and placed four other firms on watch last month.

03.05.20
Administrator/Record Keeper
Mid-Atlantic County Seeking 457 Plan Record Keeper

A Mid-Atlantic county is seeking a record keeper for its 457(b) plan.

03.05.20
In The News
The Stock Market Hasn’t Bottomed Yet, Rally And Fed Rate Cut Aside, Analysts Say

After a coronavirus-induced selloff last week, U.S. stocks rallied Monday and got a surprise interest-rate cut Tuesday. But investors shouldn’t assume the pain is over.

03.04.20
Alternatives
Southwest Plan Bolsters Private Equity, Credit Portfolios

A Southwestern pension plan has disclosed recent private equity and strategic credit commitments.

03.04.20
In The News
Nuveen Real Estate’s U.S. Cities Industrial Fund Raises $660 Million

The first close reflects capital raised from a group of institutional investors in North America, Europe and Asia-Pacific, including a $150 million commitment from Nuveen’s parent, TIAA.

03.04.20
In The News
Reverence Capital Partners Holds Final Close Of Fund II At $1.2 Billion Hard Cap

Reverence Capital Partners announced the final closing of Reverence Capital Opportunities Fund II at its hard cap of $1.2 billion in capital commitments, exceeding its target of $750 million.

03.04.20
In The News
Milliman PPFI Q4 Investment Performance Of 4.47% Outpaces Liability Growth

Milliman analysis: Public pension funding ratio hits three-year high in Q4 2019 at 74.9%, but February’s market volatility will likely erase some of those gains in Q1 2020.

03.03.20
Private Equity
Midwest Plan Nabs PE Secondaries Managers

A Midwestern pension plan’s investment committee approved private equity secondaries commitments last week.

03.03.20