US - Kevin McCabe, who acted as a placement agent for a private equity firm that received US$800m in New York pension fund investments, agreed to pay $535,000 to end a probe of his role by state Attorney General Andrew Cuomo, according to his attorney.
McCabe, once chief of staff to former New York City Council speaker Peter Vallone Sr., would be the latest person ensnared in Cuomo's investigation of corruption at the New York state Retirement Fund to...
US - The Teacher Retirement System of Texas has agreed to issue $6bn combined to Kohlberg Kravis Roberts and Apollo Global Management expanding its strategic partnership programme to the private markets.
US - All US institutional investors performed negatively in the third quarter of 2011 with the median public, corporate and multi-employer funds down 8.94%, 7.94% and 9.03% respectively, Wilshire Trust Universe Comparison Service (Wilshire TUCS) results...
US - The California State Teachers' Retirement System (CalSTRS) has adopted a policy which puts pressure on company management teams to disclose their political contributions.
US - The New York State Teachers' Retirement System posted returns of 23.3% in the 12 months ended 30 June, the highest one-year return in 25 years.
US - The $22bn Employees Retirement System of Texas (ERS) has selected Deutsche Bank as its new securities lending provider, replacing JP Morgan Chase.