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State Investment Council Weighs Greater Considerations For Climate Change, Racial Injustice

State Investment Council Weighs Greater Considerations For Climate Change, Racial Injustice
krwg.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from krwg.org Daily Mail and Mail on Sunday newspapers.

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Ex-ERB director sues Lujan Grisham over salary


Copyright © 2021 Albuquerque Journal
SANTA FE – The former executive director of New Mexico s pension system for educators filed a federal lawsuit Thursday accusing Gov. Michelle Lujan Grisham and others of illegally refusing to pay her the same as male counterparts.
The 46-page complaint was filed on behalf of Jan Goodwin, who left her position at the Educational Retirement Board earlier this year and took a job leading the New Hampshire retirement system.
The lawsuit alleges she was forced to leave because of the Lujan Grisham administration s refusal to pay her the same as Steve Moise, state investment officer at the State Investment Council. ....

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New Jersey Pension Fund discloses up to $1 billion in commitments


New Jersey Pension Fund discloses up to $1 billion in commitments
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The New Jersey division of investment, which handles investments for the New Jersey Pension Fund, Trenton, made five alternatives commitments totaling up to $1 billion.
Representatives of the division reported the commitments in documents presented Wednesday at a virtual meeting of the State Investment Council, which formulates policies for the division.
According to the documents, the commitments are:
Up to €200 million ($244 million) for ICG Europe Fund VIII and up to €100 million ($122 million) for a related co-investment fund. Both funds are managed by
Intermediate Capital Group that invest in subordinated debt, senior debt, structured debt and equity in upper middle-market companies among many European countries. ....

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Leadership Transition at Division of Investment Announced


Leadership Transition at Division of Investment Announced
May 12, 2021, 2:15 pm | in
Leadership Transition at Division of Investment Announced
 
 
(TRENTON) – New Jersey Department of the Treasury’s Division of Investments Director Corey Amon announced Tuesday that he is resigning his position, effective June 4, to pursue a new opportunity. Shoaib Khan, Deputy Director of the Division, will serve as Acting Director following Amon’s departure to ensure a seamless transition in order to protect the retirement of hundreds of thousands of public employees.
 
“Corey’s hard work and commitment have placed the Division in a strong position as we begin to emerge from the COVID pandemic. His dedication to pension fund members and the way he honored his fiduciary duty has been commendable. We are thankful for his service and wish him all the best as he embarks on the next chapter of his career,” said ....

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