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June 2, 2009

 

DiNapoli Releases April 2009 Pension Fund Report

Fund Closes Ten Transactions Totaling About $316 Million

The $109.9 billion New York State Common Retirement Fund (Fund) in April closed about $315.8 million of transactions, according to a monthly transaction report State Comptroller Thomas P. DiNapoli released today.

The Fund closed one transaction in its international equity portfolio totaling $200 million, one transaction in its absolute return strategies portfolio worth $75 million, and eight transactions in its real estate portfolio totaling about $40.8 million.

One placement agent was used in a real estate transaction. The transaction was initiated prior to the implementation of DiNapoli’s April 22, 2009 ban on the use of placement agents.

DiNapoli publishes monthly transaction reports that detail the nature, size, and parties of Fund investments. The report also indicates whether a third-party placement agent was used in obtaining the Fund investment. This effort is part of DiNapoli’s ongoing commitment to increasing transparency and openness in the operations of the pension fund. Monthly reports dating back to February 2007 are also available online.

Click here for a copy of the April 2009 transaction report.

Click here to access the monthly transaction report archive.


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