Sentences with phrase «york pension fund investments»

Not exact matches

The Comptroller serves as investment advisor, custodian and a trustee to the New York City Pension Funds, which have more than $ 160 billion in assets and a long history of active ownership on issues of corporate governance and sustainability.

The New York City Employees» Retirement System; the New York City Fire Department Pension Fund; the New York City Teachers» Retirement System; the New York City Police Pension Fund; and the New York Board of Education Retirement System, as joint filers (NYC Retirement System), c / o The City of New York, Officer of the Comptroller, 633 Third Avenue, 31st Floor, New York, New York 10017, which in the aggregate held 12,707,578 shares of common stock on November 15, 2011, the New York State Common Retirement Fund, whose address is the same as that of the NYC Retirement System, which held 19,560,008 shares of common stock on November 22, 2011, and the Illinois State Board of Investment on behalf of the State Employees» Retirement System of Illinois, c / o 180 N. LaSalle Street, Suite 2015, Chicago, Illinois 60601, which in the aggregate held 928,927 shares of common stock on November 18, 2011, the Judges» Retirement System of Illinois and the General Assembly Retirement System of Illinois, as co-filers, intend to submit a resolution to stockholders for approval at the annual meeting.

Last month, Democratic New York Gov. Andrew Cuomo announced plans to have the state pension funds also divest from fossil fuel investments.

«As a fiduciary of the New York City Employee Retirement System for the last 8 years, Scott has worked with his fellow trustees to grow the City's pension funds through prudent investments, improving diversification and ensuring more rigorous assessment of risks to investments such as corporate accountability and violations of environmental regulations.»

New York City announced it filed a multibillion dollar lawsuit against five top oil companies, citing their «contributions to global warming,» as it said it would divest fossil fuel investments from its $ 189 billion public pension funds over the next five years.

New York City sued five major oil companies, claiming they have contributed to global warming, and also announced it will sell off billions in fossil fuel investments from the city's pension funds.

New York Governor Andrew Cuomo previously has said he planned to halt future fossil fuel investments in the state's public employee pension fund.

«We are pleased to be an investment partner with the Community Preservation Corporation on this shared mission to help revitalize New York's communities and increase the availability of affordable housing,» said New York State Comptroller Thomas P. DiNapoli, trustee of the New York state pension fund.

DiNapoli says he'll use his influence as trustee of New York's $ 192 billion dollar state pension fund to «seek out sustainable investments and changes in corporate behavior» to help the Paris Agreement «become a reality».

Apprenda, a software firm whose headquarters are on River Street, has received $ 1.2 million in investments from the New York State Pension Fund's in - state private equity investment program.

Moreover, as recently as January, the New York City teacher pension fund divested holdings in five publicly traded firearms manufacturers, for investments valued at $ 13.5 million.

A s a director of the New York State Common Retirement Fund, Navnoor Kang allegedly took $ 1 million worth of bribes to steer $ 2 billion in pension - fund investments to twFund, Navnoor Kang allegedly took $ 1 million worth of bribes to steer $ 2 billion in pension - fund investments to twfund investments to two...

Just two days after New York legislators passed first - in - the - nation gun law reforms in response to the Sandy Hook Elementary School shootings, the state's chief financial officer says pension fund investments in firearm companies have been frozen.

«Pension fund managers across the country have cut or eliminated exposure to these overpriced and underperforming investments, while the Office of the New York State Comptroller has stood still and spent pension system funds chasing performance that continues to fall far short,» said Financial Services Superintendent MariaPension fund managers across the country have cut or eliminated exposure to these overpriced and underperforming investments, while the Office of the New York State Comptroller has stood still and spent pension system funds chasing performance that continues to fall far short,» said Financial Services Superintendent Mariapension system funds chasing performance that continues to fall far short,» said Financial Services Superintendent Maria Vullo.

The New York pension fund for state and local government workers shows an investment return of less than 1 percent for the last quarter with an estimated value of $ 182.5 billion.

New York City's biggest public employee pension fund is poised to vote today to begin pulling its investments from hedge funds, the latest move by a large pension plan to scrap an investment path that once promised big returns.

Although GT twice expressed a lack of interest in the distribution deal, the Quadrangle executive instructed GT's chief executive in an e-mail to «dance along» with Loglisci's brother while the Quadrangle executive figured out whether Quadrangle «needed» to do a distribution deal to secure an investment from the New York pension fund, the complaint said.

The SEC complaint, filed Thursday in U.S. District Court in Manhattan, alleged that Quadrangle improperly obtained a $ 100 million investment from the New York state pension fund with «quid pro quo» arrangements.

Rattner's former firm, Quadrangle Group, has said Rattner arranged payments of more than $ 1 million to a political operative to obtain a $ 100 million investment from the New York State Common Retirement Fund, one of the largest pension systems in the country.

Rattner agreed this week to pay $ 6 million and be barred from the financial industry for two years to resolve allegations made by the Securities and Exchange Commission that he bribed a political consultant to win business from New York's pension fund for his former investment firm, the sources said.

The state comptroller, Thomas DiNapoli, and the New York City comptroller, William Thompson Jr., have proposed banning pension fund investments that involve placement agents.

According to the SEC complaint, the $ 100 million investment from the New York pension fund came only after the Quadrangle executive arranged for a Quadrangle affiliate to distribute the DVD of a low - budget film called «Chooch,» which was produced by the brother of former New York state deputy comptroller David Loglisci.

The chief investment officer of the New York state pension fund doesn't like the fees hedge funds charge to manage money.

7:32 pm: Dick asks Wilson, New York State is one of only three states in the country that gives its state comptroller the sole authority to manage the pension fund and make investments.

Comptroller Scott Stringer said Thursday that New York City's pension funds had divested its investments in private prison companies, calling it the first such move by a major U.S. city.

DiNapoli said he'll use his influence as trustee of New York's $ 192 billion state pension fund to «seek out sustainable investments and changes in corporate behavior» to help the Paris agreement «become a reality.»

Harding said in New York County Supreme Court last week that he participated in a scheme devised by Hank Morris, a top political adviser to Alan Hevesi, and David Loglisci, the former station pension fund chief investment officer, to corrupt the process of selecting investments at the state pension fund to favor political allies, friends and family, Cuomo said.

But the comptroller has also attacked New York's low rate of contracting with female - and minority - owned businesses, and has talked in forceful terms about using the city's pension fund as a bludgeon to open up insular investment firms.

The comptroller also «is the custodian and investment advisor to the Boards» of the five pension funds which are collectively referred to as «NYC Public Pension Funds» or «New York City pension funds&pension funds which are collectively referred to as «NYC Public Pension Funds» or «New York City pension funds&rafunds which are collectively referred to as «NYC Public Pension Funds» or «New York City pension funds&Pension Funds» or «New York City pension funds&raFunds» or «New York City pension funds&pension funds&rafunds».

ALBANY (AP) The New York pension fund for state and local government workers reports an investment return of nearly 3 percent for the quarter that ended Dec. 31 with an estimated value of $ 178.3 billion.

LOS ANGELES — The chief investment officer of the New York state pension fund doesn't like the fees hedge funds charge to manage money.

The New York State Pension Fund, and the taxpayers who have to backstop it, have lost billions of dollars because Tom DiNapoli made risky investments on Wall Street in an attempt to meet an unrealistic return expectation that any private sector money manager in America — except maybe Bernie Madoff — would know is a fallacy.»

Relations were much friendlier in the earliest days of the investigation, in summer 2007, when Mr. Cuomo's office began scrutinizing the tiny circle of associates around State Comptroller Alan G. Hevesi, who had positioned themselves as middlemen between financial firms seeking investments from the New York State Common Retirement Fund — the third largest pension fund in the country — and the public officials who controlled how the money was invesFund — the third largest pension fund in the country — and the public officials who controlled how the money was invesfund in the country — and the public officials who controlled how the money was invested.

Stand - up comedian Randy Credico, who helped bring about reform of the state's Rockefeller Drug Laws, is now setting his sights on the New York state comptroller's office, where he is protesting against state pension fund investments in the private prison industry.

The New York Times had a big story yesterday on how Wall Street investment fees wiped out $ 2.5 billion in investment gains for New York City pension funds.

The little - known placement agents moved into the national spotlight last year when New York Attorney General Andrew Cuomo revealed a «pay - to - play» scandal, payments to get pension fund investments, resulting in five guilty pleas so far.

Thomas P. DiNapoli, the New York state comptroller, said he supported Cerberus's decision to sell the Freedom Group and ordered a review of the state pension fund's investments in firearms manufacturers.

January 9 and 10, 1985 — Statement by Sohpie Korczyk on the Investment Performance of Pension Funds Before the U.S. Department of Labor Office of Pension and Welfare Benefit Programs Hearings in New York, NY (T - 41)

New York (investment banks and hedge funds) and Connecticut (insurance & pension funds).

On January 10, 2018, the Mayor of New York, Bill de Blasio, announced that the city would disinvest its pension funds of $ 191 billion in fuel fossil investments and sued BP, Shell, ExxonMobil, Chevron and ConocoPhillips.

In January, New York City announced its intention to divest $ 5 billion in fossil fuel investments from its pension funds within five years.

Investors signing the letters include California's two largest public pension funds, the New York State Comptroller, F&C Management and the Scottish Widows Investment Partnership.

In a June 22 opinion, the court upheld the conviction of Giridhar Sekhar, an investment adviser who tried to blackmail Luke Bierman, the former general counsel for the New York State Comptroller, into recommending that the Comptroller invest $ 35 million of the state's employee pension funds in a fund managed by Sekhar's venture capital and private equity company, FA Technology Ventures.

An official who oversees investments for New York City's pension funds thinks Mark Zuckerberg should step down as Facebook's chairman.

She advises Auditchain, the first decentralized, continuous audit and reporting protocol ecosystem, and serves on New York State's Common Retirement Pension Fund Investment Advisory Committee and the UAW Retiree Medical Benefits Trust's Risk Committee.

Head of New York City's pension fund investments thinks Mark Zuckerberg should step down as chairman of Facebook.

Chancellor Capital Management / Invesco, Inc. (City, ST) 1995 — 2000 Partner and Managing Director — Institutional Fixed Income • Manage in excess of $ 44 billion, approximately $ 20 billion of which were managed with a total rate of return objective • Focus in mortgage - backed and asset - backed securities • Create and implement strategy for all MBS and ABS investments for total rate of return portfolios • Responsible for risk management including establishing and monitoring appropriate risk levels • Collaborate with CIO in management of all core portfolios benchmarked against the Lehman Aggregate Index • Run weekly strategy meetings defining portfolio construction in conjunction with Investment Policy Committee guidelines • Oversee assets in excess of $ 10 billion including pension funds, public funds, and insurance funds • Conduct client reviews and new business presentations on a regular basis • Serve as point person for key strategic partnerships based out of New York

For example, TIAA - CREF, a leading financial services provider, announced a joint venture with Norges Bank Investment Management (NBIM), manager of the Norwegian Government Pension Fund Global, to invest in high - quality office properties in Boston, New York and Washington.

The unnamed pension fund's real estate investments are directed by New York - based Morgan Guaranty Trust Co., an affiliate of New York - based J.P. Morgan, which retained AEW Capital Management LP, Boston, to underwrite the investment and provide asset management services.