
New York State Pension Fund Invests More Than $1.4B in June
Nearly half of the commitments were made to three private equity funds.
Nearly half of the commitments were made to three private equity funds.
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.’
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.
New York State Common Retirement Fund benefits from having a fiscal year that ended before the second-quarter market slump.
Former NYC mayor cites gunmaker investments held by the state’s two largest pension funds.
Equities helped boost the investment portfolio’s asset value by more than $60 billion to $254.8 billion.
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.
Shareholder proposals follow CalSTRS, Jana Partners’ Apple actions.