
New York State Common Retirement Fund Invests More Than $3B in May
Notable among the pension giant’s outlays was a $1 billion investment in a fund managed by Khosla Ventures.
Notable among the pension giant’s outlays was a $1 billion investment in a fund managed by Khosla Ventures.
State Comptroller Thomas DiNapoli warns that firms ‘that engage in political spending risk damaging their reputations.’
One in three shareholders, including pension funds like CalPERS, opposed the online retail giant at its annual meeting on such issues as executive pay.
Nearly $900 million has been earmarked for investments with the pension giant’s credit portfolio.
Although seldom apparent in financial statements, environmental, social and governance deficiencies can come out of nowhere and slam investors.
The $242.3 billion state pension fund also committed more than $600 million to alts in February.
The investment accounts for half of the $242 billion pension fund’s January commitments.
Thomas DiNapoli is calling for more accountability from portfolio firms regarding corporate diversity, equity and inclusion.
The pension fund committed nearly $500 million to real assets during the month.