New York State Pension Commits $550M in February
More than $400 million of the investment was made within the pension fund’s real estate portfolio.
More than $400 million of the investment was made within the pension fund’s real estate portfolio.
Rana Ghorayeb will oversee the pension fund’s $57 billion portfolio as it consolidates its Ivanhoé Cambridge and Otéra Capital subsidiaries.
The University Pension Plan Ontario’s first investment under the partnership is an undisclosed stake in Great Britain’s largest rolling stock company.
The New York State Common Retirement Fund also invested $25.5 million in a fund managed by one of its Emerging Manager Program partners.
Emond, who became CEO in 2020, will remain until at least February 2029.
The $184 billion pension giant is asking its portfolio companies to improve their climate-change risk management.
The Massachusetts state pension fund fell just short of its benchmark, as its asset value grew to more than $100 billion.
The Government Pension Investment Fund’s investments returned 2.62% during the quarter that ended in December 2023, raising its asset value to more than $1.5 trillion.
Rallying equities helped the pension giant return 16.1% during the year, but it fell 18 basis points shy of its benchmark.
The Canadian pension giant is integrating Ivanhoé Cambridge and Otéra Capital, also announcing the April departure of Ivanhoé Cambridge CEO Nathalie Palladitcheff.
A group representing A$1.2 trillion in assets is calling for reforms and investment on ‘a massive scale.’
Cherki will oversee a team of 40 and manage the pension fund’s C$29.3 billion real estate portfolio.
The $80 billion Dutch pension fund defends keeping shares of BP and Shell after 2-year and says talking to companies is often more effective than divestment.
The institutional investors lost a combined total of nearly $162 million from investments in the bank’s holding company, SVB Financial Group.