Newsmakers
New York Common Signs Political Disclosure Agreements With 7 Firms
State Comptroller Thomas DiNapoli warns that firms ‘that engage in political spending risk damaging their reputations.’
Tag: NYSCRF
Asset Allocation
New York Common Commits More Than $600 Million in March Investments
The pension giant also signed deals with four firms to reduce greenhouse gas emissions.
Regulation
New York Common Commits $1.3B to Sustainable Program
The $242.3 billion state pension fund also committed more than $600 million to alts in February.
Asset Allocation
NY Common Commits $1 Billion to BlackRock Public Equity Fund
The investment accounts for half of the $242 billion pension fund’s January commitments.
Asset Allocation
NY State Pension Returns 9.5% in FY 2022, While NYC Pensions Lose 8.65%
New York State Common Retirement Fund benefits from having a fiscal year that ended before the second-quarter market slump.
Newsmakers
De Blasio Calls on NY Pension Funds to Divest Guns and Ammo Investments
Former NYC mayor cites gunmaker investments held by the state’s two largest pension funds.
Asset Allocation
Record Returns Spur NY to Cut Assumed Return Rate to Below 6%
Employer contributions are also being reduced, while COLAs will be increased.
Pensions
Market Rebound Spurs Record 33.55% Return for NY State Pension Fund
Equities helped boost the investment portfolio’s asset value by more than $60 billion to $254.8 billion.
Asset Allocation
New York State Pension Fund Returns 6.2%
The state retirement system broadly outperformed US pension funds in the third quarter.
Alternatives
New York State Pension Doubles Down on Alternatives
C-band spectrum, collateralized loan obligations, and solar and wind power are among the largest allocations the fund made in September.
Alternatives
New York State Pension Expands into Real Estate, Absolute Return
Commercial real estate in the Nordic region, suburban garden style apartments in the US are among the $565 million in bets the pension fund placed in August.
Alternatives
NY State Pension Invested $2.7 Billion in Alts Just Before Market Tanked
The $210.5 billion fund invested more than $2.2 billion in private equity and no money in public equities.
NYS Common, Arjuna Capital Push for Facebook, Twitter Content Governance
Shareholder proposals follow CalSTRS, Jana Partners’ Apple actions.