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These Are the Finalists for the 2021 Allocators' Choice Awards

These Are the Finalists for the 2021 Allocators' Choice Awards
institutionalinvestor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from institutionalinvestor.com Daily Mail and Mail on Sunday newspapers.

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Tennessee General Assembly Makes Historic $250 Million Contribution To TCRS


Tennessee General Assembly Makes Historic $250 Million Contribution To TCRS
Wednesday, May 12, 2021
The 112th Tennessee General Assembly appropriated a historic one-time additional contribution of $250 million to the Tennessee Consolidated Retirement System State and Higher Education plan. The largest single contribution in the history of TCRS, this appropriation will further bolster the pension and help lower future recurring contributions, said offiicials. 
TCRS has been consistently recognized as one of the best-funded public pensions in the nation, due largely to every governor budgeting and every General Assembly appropriating sufficient money to fund the pension based on the requirements set by the actuary and TCRS Board of Trustees, said officials. ....

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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 Department s director of fixed income, will assist CIO Michael Brakebill in overseeing $82.2 billion in state assets, which includes the $53.4 billion Tennessee Consolidated Retirement System, Nashville.
Ms. King could not be immediately reached regarding Mr. Kim s director of fixed income position. ....

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