PennSERS posts net return of 9.8% in 2024, led by U.S. equities
U.S. equities generated the highest return, increasing 2.80% in the fourth quarter and 23.38% for the full calendar year.
U.S. equities generated the highest return, increasing 2.80% in the fourth quarter and 23.38% for the full calendar year.
As we continue to celebrate the rising leaders of institutional investing, we are excited to unveil Part 4 of the Next Elite List—a recognition of the Deputy Chief Investment Officers and Senior Investment Officers shaping the future of asset management. These investment professionals are known for having what it takes to make it into the CIO seat, and have been nominated by Chief Investment Officers from Public Pension Funds, Endowments, Foundations, and Corporate Pension Funds. They are helping to drive key investment decisions, demonstrating their leadership skills in navigating political environments, influencing portfolio strategies, and navigating complex market environments with expertise and foresight.
Jeff Wendling, the HOOPP’s CEO who is set to retire at the end of March, said the return was supported by solid performances in both public and private equity markets, including results from the plan’s infrastructure investments, alongside absolute return strategies.
The
pension plan disclosed allocations of $450m at its recent meeting
As we continue to celebrate the rising leaders of institutional investing, we are excited to unveil Part 3 of the Next Elite List—a recognition of the Deputy Chief Investment Officers and Senior Investment Officers shaping the future of asset management. These investment professionals are known for having what it takes to make it into the CIO seat, and have been nominated by Chief Investment Officers from Public Pension Funds, Endowments, Foundations, and Corporate Pension Funds. They are helping to drive key investment decisions, demonstrating their leadership skills in navigating political environments, influencing portfolio strategies, and navigating complex market environments with expertise and foresight.
The
pension plan approved approx. $1bn commitments at the recent meeting
The
system has initiated adding energy exposure
In
efforts to reduce PE allocations, the system has reduced its pacing for 2025
The
CIO of $20.8bn plan continues to worry about debt levels and is focused on any major
policy changes that can actually occur before the mid-term elections.
From San Francisco to London: The Private Equity and ALTS Discussions That Defined 2024
Markets Group hosted over 100 forums in 2024, and these highlights from our “From the Sidelines” recaps capture the pulse of Private Equity and ALTS. Explore the innovative strategies and industry-shaping conversations that defined the year.