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Detmer: Pension Fund Very Much Aligned With Our Vision - Ipswich Town News


Detmer: Pension Fund Very Much Aligned With Our Vision
Thursday, 13th May 2021 15:43
New Town co-owner Mark Detmer says one of the advantages of being partnered with a pension fund, such as Arizona’s Public Safety Personnel Retirement System (PSPRS), who own 90 per cent of new Blues owners Gamechanger 20 Ltd, is their “very long time horizon”.
PSPRS, whose chief investment officer is Mark Steed, was established in July 1968 to “provide a uniform, consistent and equitable statewide retirement program for Arizona’s public safety personnel”. The fund is worth $13 billion (£9.47 billion) with $700 million (£510 million) in cash.
A US investment fund called ORG manages funds on behalf of PSPRS with Edward Schwartz their representative on the Gamechanger 20 board. ....

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