In June, the New York State Common Retirement Fund (CRF), which is responsible for approximately $275 billion in assets, committed a whopping $4.6 billion across a range of alternatives and public equity strategies, according to a monthly transaction report from the office of Thomas DiNapoli, New York State Comptroller and the CRF’s sole trustee.
Regarding the public equity investments, the pension fund hired Pictet Asset Management in June to manage $500 million in its global environmental opportunities’ strategy. Pictet is a new relationship for CRF.
In private equity, CRF committed an aggregate . . .
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