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Tennessee OKs $250 million payment to state pension system

Tennessee OKs $250 million payment to state pension system The capitol building in Nashville. The Tennessee General Assembly approved a one-time additional contribution of $250 million to the $55.9 billion Tennessee Consolidated Retirement System, Nashville. The special appropriation is the largest single contribution made to the pension fund in its history, according to a news release Wednesday from David H. Lillard Jr., state treasurer, who oversees the pension fund. "Tennessees General Asse...
United States Shelli King Davidh Lillard Jr Tennessee General Assembly Tennessee Consolidated Retirement System General Assembly

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Tennessee Consolidated pledges $490 million to 3 managers

Tennessee Consolidated Retirement System, Nashville, made commitments and investments totaling up to $490 million, said Shelli King, spokeswoman for state Treasurer David H. Lillard Jr., who oversees the pension fund. The $53.4 billion pension fund committed €200 million ($240 million) to ICG…
United States Shelli King Davidh Lillard Jr Credit Opportunity Fund Capital Group Carlyle Realty Partners

Tennessee Treasury appoints deputy CIO

Tennessee Treasury appoints deputy CIO Tennessee Treasury appoints deputy CIO Thomas Kim Thomas Kim was named deputy chief investment officer of the Tennessee Department of Treasury, said Shelli King, spokeswoman for Tennessee state Treasurer David H. Lillard Jr. Mr. Kim replaces Derrick C. Dagnan, who left in October to become CIO of the $2.3 billion Fort Worth (Texas) Employees Retirement Fund. Mr. Kim, previously the Tennessee Treasury Departments director of fixed income, will assist CIO M...
United States Shelli King Thomas Kim Davidh Lillard Jr Derrickc Dagnan Michael Brakebill

Tennessee Consolidated allocates more than $800 million

Tennessee Consolidated allocates more than $800 million Print Tennessee Consolidated Retirement System, Nashville, made four new commitments totaling up to $810 million, said Shelli King, spokeswoman for state Treasurer David H. Lillard Jr., who oversees the pension fund. The $55.9 billion fund committed up to $250 million to open-end core-plus real estate fund Cortland Partners Growth and Income Fund; $200 million each to large-cap buyout fund Hellman & Friedman Capital Partners X and privat...
United States Shelli King Davidh Lillard Jr Income Fund Tennessee Consolidated Retirement System Treasurer David

Tennessee takes aim at 3 alternatives strategies

Tennessee takes aim at 3 alternatives strategies Print Tennessee Consolidated Retirement System, Nashville, made three new commitments totaling up to $425 million, said Shelli King, spokeswoman for state Treasurer David H. Lillard Jr., who oversees the pension fund. Within strategic lending, the $55.9 billion pension fund committed up to $200 million to Berkshire Multifamily Debt Fund III, a real estate debt fund managed by Berkshire Group. In real estate, the pension fund committed $125 mill...
United States Shelli King Davidh Lillard Jr Berkshire Group Peak Rock Capital Fund Family Rental Fund

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