NY Pension Shifts Global Equity Assets to Alts | Chief Investment Officer
The New York State Common Retirement Fund has also committed $2 billion to a climate transition index.
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The New York State Common Retirement Fund has also committed $2 billion to a climate transition index.
Nearly half, or $650 million of its monthly allocation, went toward real estate funds. The $247.7 billion New York State Common Retirement Fund (NYSCRF) committed more than $1.3 billion in new investments in March, nearly half of which was allocated to real estate funds, with the remainder going toward investments in fixed income, private equity, credit, and its Emerging Manager Program. The pension fund committed $650 million to real estate funds, including $300 million to the LaSalle Property Fund, an open-ended fund structure that acquires and manages a diversified portfolio of core real e...
JG When Julissa Gutierrez was appointed New York’s chief diversity officer last summer, she was tasked with registering more MWBEs and reaching the state’s ambitious 30% MWBE contract utilization goal – which New York nearly did, with the state announcing in December that 29.51% of its contracts had been awarded to firms owned by women or minorities in the 2019-2020 fiscal year. An expert on Latino issues and civic engagement, Gutierrez previously held key roles with the National Association of Latino Elected and Appointed Officials Educational Fund. 2. Jonnel Doris & Dynishal Gross ...
SBAI launches new programme for small and emerging fund managers Wednesday, April 07, 2021 Opalesque Industry Update, for New Managers - The SBAI has launched a new programme for small and emerging managers - SPARK. The programme features prominent alternative investment industry leaders, in candid conversations, providing insight and tools to help small managers thrive. The programme includes dedicated events with institutional investors discussing expectations and providing key takeaways for small and emerging managers to be successful in meeting the expectations of institution...