In December, the Pennsylvania Public School Employees’ Retirement System (PSERS) kept employee contribution rates flat based on the slimmest of margins in its investment returns. Those calculations may have been wrong.
The fund will focus on identifying and investing in co-investment opportunities globally alongside high-quality private equity managers in a variety of private equity strategies.
The bill would direct state investment funds to divest from companies that cut ties with fossil fuel companies, pitting Texas against some increasingly carbon-conscious Wall Street investors.
Billionaire hedge fund investor Chris Hohn of TCI Fund Management has generated $12.6 billion in gains over the past two years. Here’s how he’s trying to get companies to cut their carbon emissions.
CalSTRS, the second-largest U.S. public pension, bought Peloton, NextEra, and Norwegian Cruise stock, and trimmed the investment in Skyworks Solutions in the fourth quarter.