Arkansas Teacher Retirement System, Little Rock, approved four new commitments totaling up to $140 million, said Rod Graves, deputy director, in an email.
The $21 billion pension fund's board at its Dec. 6 meeting approved commitments of up to $50 million to Landmark Real Estate Partners IX, a…
The executive director of the Arkansas Teacher Retirement System on Monday defended his recommendation for the system to cut its target rate of investment return from 7.5% to 7.25% a year, saying he couldn't in good conscience recommend keeping the higher rate if the system's actuary considered it unreasonable.
The executive director of the Arkansas Teacher Retirement System on Monday defended his recommendation for the system to cut its target rate of investment return from 7.5% to 7.25% a year, saying he couldn't in good conscience recommend keeping the higher rate if the system's actuary considered it unreasonable.
Trinity College will rename its admissions center to honor an immigrant couple whose children – including a former Connecticut state treasurer – have donated $10 million for scholarships.
The Manuel and Maria Luisa Lopes Borges Admission Center will be the first stop for students visiting the college's campus in Hartford. The couple immigrated to the United States from Cape Verde in 1958 with their firstborn son, Francisco L. Borges.
Trinity College has received a $10 million donation for need-based scholarships from alumnus and former state treasurer Francisco L. Borges and his siblings, who themselves relied on financial aid to become first-generation college graduates.