
Tag: New Mexico Public Employees Retirement Association (PERA)

Asset Allocation
A letter signed by 29 institutional investors calls for hedge funds to outperform cash before charging incentive fees.

Newsmakers
Hawaii ERS Names Kristin Varela as New CIO
Coming from New Mexico’s PERA, where she was deputy, the new chief replaces Elizabeth Burton.

Corporate Moves
Breaking News: CBRE Global Investors Names Dominic Garcia Chief Pension Investment Strategist
Former New Mexico PERA CIO takes on newly created role at real asset investment manager.

Corporate Moves
Dominic Garcia to Leave New Mexico State Pension
The departing chief investment officer was named to CIO’s Power 100 List earlier this year.

Asset Allocation
Exclusive Coverage: CIOs Assess How Pension Fund Investors Can Be Successful After COVID-19
Better governance, flexibility, and clever investment strategies and solutions can prepare pension funds for the future, plan leaders say.


Asset Management Culture
Feuding New Mexico PERA Trustees to Create Oversight Committee
The new panel will seek to bring order to a board riven by accusations and walkouts among members in a ‘toxic’ work environment.

Asset Management Culture
New Mexico Overhauls Pension System for Public Workers
The state retirement fund is injecting $55 million to pay down liabilities, while also changing COLAs and increasing contributions.

Newsmakers
New Mexico Pension Reform Breezes Through State Senate
Bill proposes $76 million infusion from state, as well as sweeping contribution and COLA changes.

Newsmakers
New Mexico Governor Backs Linking Pension COLAs to Investment Performance
Plan aims to eliminate the state retirement system’s $6.6 billion unfunded liability.

Newsmakers
New Mexico PERA CIO to Appear on CIO Podcast
Dominic Garcia to talk about David Villa’s mentoring, innovations, and more.

Newsmakers
New Mexico Governor Pitches Plan to Bring State Pension to Solvency
Task force sees cost-of-living adjustments as the necessary scapegoat for pension’s financial health.

Newsmakers
New Mexico PERA Launches Passive Risk Parity Strategy
Plan seeks to change up multi-risk allocations, boost beta exposure.

Newsmakers
New Mexico PERA’s Board Stalls Executive Pay Increases
Pension fund officials already received ‘huge raises’ in 2018, says Director Armijo.

Newsmakers
Pension Bridge: 3 State Pension Plans Bare All on Funding Messes
At Pension Bridge, Dick Ingram, Dominic Garcia, and Glen Grell reveal how their programs ended up underfunded.