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NYC Pensions Bet on Private Equity for Higher Returns

NYC Pensions Bet on Private Equity for Higher Returns
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NYC Pension Funds Bet on Private Equity for Higher Returns

(Bloomberg) Four of New York City’s five public employee pension funds are boosting their allocations to illiquid investments like private equity in an effort to hit an annual investment return goal.Most Read from BloombergBoeing Slumps After Panel Blowout Leads to Partial 737 GroundingMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysChina Says It Caught Foreign Consultant Spying for UK’s MI6Boards of directors for the retirement funds for teachers, police officers, firefighters and ci ....

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