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
The ruling states that Board of Supervisors must comply with the classifications and salaries within its own functioning
The winning consultant scored significantly higher on mitigation of conflict, servicing capabilities and technology.
Oregon Public
Employees Retirement Fund, Maine Public Employee Retirement System and the New
Mexico Educational Retirement Board among those who benefitted from being overallocated
to PE.
Private
Equity, Real Estate, Secondaries, Jefferies, Wilshire Associates, Coller
Capital, Los Angeles County Employees Retirement Association, LACERA, New
Jersey Division of Investment, Washington State Investment Board
Pension plan also discloses that it took part in a
co-investment with a PE manager.
Plans see, project big savings from bringing investment functions in-house.
Pension fund
urged to expand peer group and tie compensation to performance.
A quarter of the division’s positions are open, but aggressive hiring push is on.