CalSTRS introduces a new division, draws fiscal year 2025 plan
The
$337.9bn system has introduced a total fund management division alongside
drawing plans for individual asset classes.
investment meeting
San Bernadino overallocates its real estate portfolio for the first time in three years
In
a recent discussion, the system highlighted having a “high bar for new
opportunities in the real estate sleeve” and made its only commitment of the
year in April.
Louisiana Teachers commits to an international small cap equity manager
Decision was made due to the poor performance of other managers on the roster.
Illinois Teachers searches for a real estate and real assets consultant
The current consultant StepStone’s contract
will expire at the end of this year.
State of Maryland Retirement Fund Reduces Allocations to China and Private Equities
CIO
Andrew Palmer discusses his best performing asset class and how he invests in
the emerging markets space.
Texas Teacher Retirement System’s new $329m commitments
The
$193bn pension fund has made commitments to five managers, out of which three
are new managers on the roster.
CalSTRS and Kenny Lewis join for non-sponsored senior lending
The $337.9bn
pension fund forms alliance with Kennedy Lewis Investment Management to focus
on senior corporate lending for non-sponsored borrowers.
CalPERS makes new $10bn commitments to its climate transition plan
The $502bn system will commit $100bn to climate solutions by 2030. The system was first presented with the climate action plan in November.
New Mexico SIC makes new commitments to private credit and private equity
The $52.4bn system has committed $250m to specialty finance opportunities, early-stage investments in private companies and other strategies focused on publicly listed companies.
Milwaukee ERS makes new $50m commitment to real estate
The $6bn pension fund has invested in data centers through the Harrison Street fund.