Employees’ Retirement System of Rhode Island

The $10 billion Rhode Island Employees’ Retirement System added a buyout fund and an infrastructure fund to its private asset portfolio, according to recently released meeting minutes. Trustees also approved to adopt blended capital market assumptions, which use average return ...

The world’s largest investors remained active with over $18 billion in commitments to alternative investment strategies in March, according to AW Research.

The Rhode Island State Investment Commission, which oversees $10 billion in state investment portfolios, added two private equity commitments last month, according to recently released meeting minutes. The Rhode Island Employees' Retirement System's Pooled Trust and the Rhode Island OPEB ...

Stockholm-based private equity powerhouse EQT announced today an agreement to buy Baring Private Equity Asia for €6.8 billion ($7.5 billion). The deal includes over 191 million in new ordinary EQT shares, valued at €5.3 billion plus €1.5 billion in cash. ...

Trustees for the $9 billion Employees’ Retirement System of Rhode Island approved a $40 million allocation to Aristeia Capital within the pension's absolute return program. Aristeia offers a relative value opportunity strategy in credit markets with a focus on downside ...

Rhode Island General Treasurer Seth Magaziner announced the appointment of Andrew Junkin, former Wilshire Consulting president, as the state’s chief investment officer. Since 2015, Junkin served headed Wilshire’s team of more than 80 investment professionals and over his entire 15-year ...

The $7.9 billion Rhode Island pension system has allocated to unique opportunities in private equity and securitized credit totaling $320 million following its April trustee meeting. Loomis Sayles was hired to manage they pension’s securitized credit allocation, which is roughly ...