Entries tagged "pension funds"
IndyMac's pension fund, which the Pension Benefit Guaranty Corp. now owns, is surprisingly well-funded at 89%.
In the face of SEC-imposed rules to ban placement agents from working with public pension funds, the redheaded stepchildren are starting to rally.
The country's two largest pension funds, CalPERs and CalSTRS, reported losses of $56.2 billion and $43.4 billion, respectively, for the fiscal year that ended June 30.
Private equity firms have a new well to tap in their next round of fundraising as the Tennessee Consolidated Retirement System is jumping into the asset class with $900 million to allocate....
Although somewhat late to the party, the San Diego City Employees' Retirement System is jumping into private equity. The pension fund is looking to hire an adviser to help it allocate about 5% of its of $5 billion of assets. SDCERS expects to commit roughly $100 million to $150 million per year to its private equity program. ...
