Nashville (Tenn) & Davidson County’s ex-CIO joins MC Credit Partners LP
Fadi
BouSamra has moved to MC Credit Partners LP after serving as a Chief Investment Officer at Nashville
(Tenn) & Davidson County for 20 years.
investment meeting
California Appeals Court rules in favor of LACERA to set employment classification and salaries amid backlash from the county
The ruling states that Board of Supervisors must comply with the classifications and salaries within its own functioning
Virginia Retirement System discloses its recent commitments to its private equity and real assets portfolio
The $113bn system has most recently made $575m commitment to its RA portfolio and $300m to its PE portfolio, as shown in the June meeting materials.
Mississippi PERS may place two managers on watchlist
The $33.5bn fund inspects lagging performance and key person risk at two funds.
State Teachers Retirement System of Ohio plans strategic moves for fiscal year 2025 within its real estate portfolio
The
$94 billion pension fund will focus on direct investments in apartments and
industrial sectors and will look to reduce allocations to office sector.
Colorado FPPA discloses 4 new commitments and 3 manager terminations
The $6.9
billion pension fund has made new commitments in real assets, real estate and
private capital and terminated public equity and long short equity managers, as
disclosed in its recent meeting.
Ohio Police and Fire Pension Fund has made new commitments to its real estate and private credit sleeve
The $18.2
billion system has made two commitments of $50 million each to its private
credit sleeve and one commitment of $75 million to its real estate sleeve.
Greece ready to setup its first sovereign wealth fund, welcomes BlackRock FMA on board
Greece will
launch its inaugural sovereign wealth fund this week with the support of BlackRock
Financial Markets Advisory
Largest US Pension Fund CalPERS to increase allocations to non-core Real Assets strategies
The $501.39 system has repositioned its portfolios to benefit from non-core RA strategies. Core strategies exceed return benchmarks.
New Mexico PERA has added two new strategies in its fixed income portfolio, while eliminating EM Debt portfolio
The $16.3 billion system added bank loans and long-term government bond strategies in its fixed income sleeve, and reduced allocation to real assets sleeve.