Sentences with phrase «public pension fund»

Other Transactions Burnham Pacific Properties of San Diego announced plans to cash out of its $ 663 million partnership with the California Public Employees Retirement System (CalPERS), the nation's largest public pension fund.

Philadelphia - based Legg Mason Real Estate Services has arranged a $ 14.5 million first mortgage on behalf of a public pension fund client for New Britain Village Square in Chalfont, Pa..

Willow Grove Park Mall, a 981,000 sq. ft. center in Willow Grove, Pa., has been sold to the Investment Advisory Group of Philadelphia - based Legg Mason Real Estate Services on behalf of one of its public pension fund clients.

San Diego - based Burnham Pacific Properties, an equity real estate investment trust, has been selected as the exclusive venture partner of California Public Employees Retirement System (CalPERS), a public pension fund managing assets totaling more than $ 140 billion.

Now, the company has vaulted into the major leagues of seniors housing investment following its $ 225 million joint venture with the California State Teachers» Retirement System (CalSTRS), the nation's second - largest public pension fund.

AUSTIN, Texas — Campus Advantage, a leader in student housing, today announced the acquisition of Eagles Reserve in Auburn, Ala., as the 10th and final acquisition of a joint venture with a major state public pension fund.

In January, for example, SSR Realty purchased two 72,000 sq. ft. office buildings in a suburban Seattle corporate park for $ 26.1 million, or $ 180 per sq. ft., on behalf of a public pension fund client.

Institutional Mall Investors is a co-investment venture owned by an affiliate of Miller Capital Advisory Inc. and CalPERS, the nation's largest public pension fund.

Scott Stringer, the New York City Comptroller and fiduciary of the fourth largest public pension fund, said on Wednesday he's concerned about how the company is being run.

California's public pension fund divested from coal holdings, missing out on a recent boom in coal stocks.

Head of France's top public pension fund says engagement on climate change within companies can deliver results

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.

It's fine for people who aren't smart enough to beat the market, such as the fools who manage the UK national pension scheme and the half - wits who run CalPERS, the largest public pension fund in the US.

The Public Funds Summit is an annual event that offers a unique opportunity for public pension fund officials to exchange ideas and learn from other members as well as professional money managers and industry experts.

The median rate of return for a public pension fund is 7.75 percent, according to the National Association of State Retirement Administrators.

«Mr. Rattner shares with the New York Attorney General the goal of eliminating public pension fund practices that are not in the public interest.

So, based on that first quarter, and in light of the S&P's further 4.3 percent gain since June 30, is New York's largest public pension fund comfortably on track to hit its 7 percent target for fiscal 2017?

He has agreed to the AG's Public Pension Fund Reform Code of Conduct and will return $ 52,000 he received in fees plus a $ 26,000 fine.

Manatt, Phelps & Phillips will pay the state a $ 550,000 fine and agreed not to appear before any public pension fund in New York for at least five years.

As part of the agreement, which stemmed from Manatt Phelps & Phillips acting as an unlicensed placement agent, the firm agreed to a five - year ban from appearing before any public pension fund in New York and a $ 500,000 fine and cooperate with the ongoing investigation.

As a trustee of the City's largest public pension fund, I have repeatedly called for the divestment of all public pension dollars from gun retailers and manufacturers, and I am encouraged by the Mayor's call today to divest from assault weapon manufacturers.

In a settlement deal, he admitted to acting as an unlicensed placement agent, agreed to the AG's Public Pension Fund Reform Code of Conduct and returned $ 52,000 he received in fees plus a $ 26,000 fine.

The New York state comptroller says the state's public pension fund is nearing $ 207 billion thanks to strong results from financial markets over the past year.

ALBANY, N.Y. (AP)- The New York state comptroller says the state's public pension fund is nearing $ 207 billion thanks to strong results from financial markets over the past year.

He says the nation's third - largest public pension fund earned an estimated 11.3 percent return on investments.

The proposal is to reduce the return of the public pension fund from eight percent to seven percent.

In San Jose, California, the city wanted to lower the unrealistic 7.5 % return from the public pension fund there.

CalPERS, the country's largest public pension fund, is getting out of stocks just as everyone else is buying.

Yesterday I spoke to a friend / colleague who works at a public pension fund.

Much of Neiman Marcus's debt load stems from its $ 6 billion leveraged buyout in 2013, when Ares and Canadian public pension fund CPPIB acquired it from other private equity firms.

The California Public Employees Retirement Systems (Calpers) at $ 342.5 bln AUM is the largest public pension fund in the USA (as social security is not funded, opting for a «pay as you go» approach).

Every public pension fund in the country is catastrophically underfunded, especially if strict mark - to - market of the illiquid assets were applied.

A colleague of mine who works at a pension fund did a study last year in which he concluded that, because of the extreme degree of public pension underfunding, a 10 % decline in the stock market for a sustained period — i.e. more than 3 or 4 months — would cause every single public pension fund to blow up.

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.

I have a good friend / colleague who works at big public pension fund.

This is based on an in - depth study conducted by a good friend of mine who works at a public pension fund.

With respect to union and public pension fund sponsorship of Rule 14a - 8 proposals, for example, Roberta Romano observes that:

In Kentucky, where the public pension fund is on the verge of collapse, teachers are demanding a State bailout.

The public pension fund system is approaching apocalypse.

Anne Sheehan is the Director of Corporate Governance for the California State Teachers» Retirement System (CalSTRS), the largest teacher's public pension fund in the USA, where she is responsible for overseeing all corporate governance activities for the fund including proxy voting, company engagements and managing $ 4 billion placed with activists managers and sustainability managers.

We include corporate CEOs, the head of the Canadian public pension fund and an activist investor, and the heads of a number of institutional investors who manage money on behalf of a broad range of Americans.

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.

But a contrary example is in Texas, where a major public pension fund so far has avoided joining the trend of reducing investment projections.

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.

Public pension funds are required by the states in which they are domiciled to report on their PE holdings.

Fink recently met with the head of one of the largest U.S. public pension funds.

U.S. public pension funds were facing shortfalls of nearly $ 4 trillion at last count, as fewer millennials contribute and more boomers draw benefits.

«It's a longer - term issue,» Brainard said of the trend by public pension funds to reduce their targets.

He noted that «about two - thirds of the public pension funds that we follow have reduced their return assumptions since 2008, some more than once.»