Pensions
Texas TRS, ERS to Host Emerging Manager Conference
The virtual event on February 28, 2024, is part of an ongoing effort to identify emerging managers.
Tag: Texas Employees Retirement System (ERS)
Asset Allocation
Shiny Private Equity Loses Some of Its Luster
The go-to asset class has stumbled a bit lately, prompting second looks from allocators.
Private Equity, the Hot Asset Class for Allocators, Faces Headwinds
Deals are expected to fall far short of 2021’s record-breaking level.
Pensions
Texas ERS Hacker Gets 8 Years in Prison
Olumide Morakinyo created unauthorized accounts for participants who hadn’t set them up.
Corporate Moves
David Veal to Join Texas Employees Pension as CIO
He leaves the Austin, Texas, city pension fund after five years to replace outgoing CIO Tom Tull.
Pensions
Bill Would Move New Texas State Employees to 401(k)-Like Plan
The proposed pension reform would affect workers hired after Sept. 1, 2022.
Asset Allocation
Big Oil Strikes Back at ESG
A Texas bill would force the state’s retirement systems to divest from companies that divest from fossil fuels.
Pensions
Texas Employees CIO Tom Tull to Retire
He built out alternatives at the $29 billion retirement system soon after joining.
A System to Help Asset Allocators Adapt to Remote Working
Ability to transition without disruption is the key to continuity during the coronavirus.
Risk
Texas ERS Could Become Insolvent 20 Years Earlier than Previously Anticipated
An actuarial valuation report cites the plan’s risk of going insolvent by 2075.
Asset Allocation
Texas Employees’ Tees Up Major Investment Plans
Private equity, infrastructure, and real estate allocations have their investment schedules laid out for the future.
Corporate Moves
Deputy CIO and Former NextGen Departs Texas Pension Fund
The alts-focused Sharmila Kassam moves to Funston Advisory Services.
Opinion
At Pension Bridge: CIOs Debate Passive vs. Active, What Worries Them
At conference, Texas, Nebraska, and Minnesota chiefs mull over deep questions about how they deploy their capital
Newsmakers
Texas ERS Terminates Decade-Old Relationship with Investment Consultant
ERS also brings a new infrastructure private equity consultant on board.
Texas ERS, PAAMCO Launchpad to Hold Fall Emerging Manager Hedge Fund Event
Summit will help institutions vet talent for the new seeding platform.