Kent Custer News Today

Four years after Gov. J.B. Pritzker signed a landmark consolidation of police and firefighter pensions with a promise of delivering property tax relief across Illinois, the measure’s effect on taxes remains murky while the constitutionality of the law itself is under challenge. The legal question is now before the Illinois Supreme Court, which is expected to rule shortly on whether the law ...

(Bloomberg) -- Illinois’s local police pension fund, set to manage around $11 billion if it clears a court challenge, is looking to hire money managers to help it start buying leveraged loans, and said it plans to eventually invest in private credit. Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingF-35 Debris Found After a $100 Million Fighter Jet Went MissingIndia, Canada Trade Diplomatic Blows Over Murder AllegationsVanderbilt Rips US ...

IPOPIF CIO Kent Custer reported that 324 of 357 pension funds have consolidated, totaling $9.1 billion.

(The Center Square) – It’s unclear how far-reaching recent bank failures are for various pension funds in Illinois, but one lawmaker is ringing the alarm that the state is one deep recession away from insolvency. Sunday...

Barbara Meyer was named investment officer at the Illinois Police Officers' Pension Investment Fund, a new position.