I was reminded of this by a report that the League of California Cities wanted the state's
big public pension fund, CalPERS, to boost investment returns.
I have a defined benefit pension with
a big public pension fund.
I have a good friend / colleague who works at
big public pension fund.
The New York State Common Retirement Fund, which is the third -
biggest public pension fund in the U.S., cut its target last month from 7.5 percent to 7 percent.
Canada's second -
biggest public pension fund and the French private equity investor are set to acquire the stake from French Sagard Private Equity Partners.
Not exact matches
Wiseman cautioned that the CPPIB — despite its large size in Canadian terms — competes against much
bigger investors in the global market such as private equity
funds, sovereign wealth
funds and other
public pension plans that are also on the hunt for similar types of investments.
As the private deals get too
big for VCs to underwrite on their own, some
public money is making its way into them, through direct investments from mutual
funds like Fidelity, Janus, and T. Rowe Price, and indirectly via
pension - backed hedge
funds and private equity.
He concluded that, based on the current stated amount of underfunding at every
big pension fund, if the Dow / SPX declined 10 % or more over a sustained period of time — where «sustained period» is defined as 3 - 4 month — every
public pension fund in the country would collapse.
Big - name
public pension funds from California to New York City have said they are bailing out completely.
Hewitt Cattle Australia, backed by one of Canada's
biggest pension funds, the Public Sector Pension Investment Board, has snapped up a 15 per cent stake in Australia's leading organic beef company Arcadian Organic & Natura
pension funds, the
Public Sector
Pension Investment Board, has snapped up a 15 per cent stake in Australia's leading organic beef company Arcadian Organic & Natura
Pension Investment Board, has snapped up a 15 per cent stake in Australia's leading organic beef company Arcadian Organic & Natural Meat.
The city's four
biggest funds, including those for teachers, firefighters and cops, lagged their peers in a Post analysis of the 50 «most active» city and state
public pension private equity investors.
Cuomo already netted one
big scalp in his ongoing pay - to - play
pension fund probe this month when former state Comptroller Alan Hevesi pleaded guilty to a felony charge of
public corruption (his second since 2007).
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.
State officials have taken a
big step in the fight against
public corruption, as the Legislature has approved a proposal to enact a constitutional amendment that would strip taxpayer -
funded pensions from state and local leaders who commit felonies in connection with their office.