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News
N.Y. State Common Allocates $2B to BlackRock European Equity Index Fund
New York State Common Retirement Fund, Albany, hired BlackRock (BLK) to manage $2 billion in an MSCI European equity index fund. The pension fund also made four private equity commitments totaling about $398 million, according to information posted on the comptroller's website. Full investment news article
CalPERS selects GSAM to manage $1.25B in 2 all-cap equity strategies
CalPERS hired Goldman Sachs Asset Management to run $1 billion in a developed markets all-cap equity momentum strategy and another $250 million for an emerging markets all-cap momentum strategy, spokesman Joe DeAnda told Pensions & Investments. Full investment news article