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The New York State Common Retirement Fund's value soared 14.6 percent for the fiscal year ending March 31, 2011, its second consecutive double-digit jump and almost enough to bring it to the high water mark it reached several years ago.
New York State Comptroller Thomas P. DiNapoli on Thursday released an estimate of the fund's value of $146.5 billion, the highest since the global economic downturn in fiscal 2008-2009.
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Herbert Wachtell, (Argued), Jonathan E. Pickhardt, John F. Savarese, Wachtell, Lipton, Rosen & Katz, New York, Mary C. Roper, Drinker, Biddle & Reath,...
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I. INTRODUCTION
In New York State, members of state and municipal pension funds enjoy a constitutionally protected right to their pensions. (1) As a...
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The New York State Common Retirement Fund on Monday announced the allocation of $15 million to create the High Peaks Seed Venture Fund, the fund's preliminary Appleseed Initiative, set up to target early-stage and seed private equity investments statewide.
While so many innovative ideas are conceived in New York state, the opportunities to make these ideas into reality are often outside of New York's borders," Comptroller Thomas DiNapoli said in a statement.
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- Mckesson Hboc, Inc., Plaintiff-Counter-Claimant-Appellant, v. New York State Common Retirement Fund, Inc., Individually and as a Representative of a Defendant Class Consisting of all Persons Who Exchanged More Than 20,000 Shares of Hbo & Mckesson Common Stock for Shares of Mckesson Hboc, Inc. Common Stock on or After January 12, 1999 (as Defined Herein), Defendant-Counter-Defendant-Appellee. Mckesson Hboc, Inc., Plaintiff-Counter-Claimant-Appellant, v. New York State Common Retirement Fund, Inc., Individually and as a Representative of a Defendant Class Consisting of all Persons Who Exchanged More Than 20,000 Shares of Hbo & Mckesson Common Stock on or After January 12, 1999 (as Defined Herein), Defendant-Counter-Defendant-Appellee., 339 F.3d 1087 (9th Cir. 2003)
James E. Lyons, Skadden, Arps, Slate, Meagher & Flom LLP, San Francisco, California, and Jonathan J. Lerner, Skadden, Arps, Slate, Meagher & Flom LLP,...
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New York's big state and local government employee pension fund is continuing its rebound, the state comptroller reported Wednesday.
In news that should lower future public employer pension expenses, and therefore help local payers of property tax, State Comptroller Thomas P. DiNapoli estimated that the New York State Common Retirement Fund grew at a clip of nearly 6 percent in the last year to a total of $150.3 billion.
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NEW YORK (Reuters) - Former Obama administration auto industry czarhas agreed to pay $10 million to resolve two lawsuits by New York's attorney general related to kickbacks allegedly paid to do business with the state's pension fund.
Mr. Rattner is the most prominent outside executive and last major figure to resolve charges in a multiyear "pay to play" corruption probe that involved the roughly $132.8 billion New York State Common Retirement Fund.
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- H. Carl Mccall, as Comptroller of the State of New York and Trustee of the New York State Common Retirement Fund, Derivatively on Behalf of Columbia/Hca Healthcare Corporation; California Public Employees' Retirement System; New York State Teachers' Retirement System; New York City Fire Department Pension Fund; New York City Police Department Pension Fund; New York City Teachers' Retirement System; New York City Board of Education Retirement System; New York City Employees' Retirement System; Los Angeles County Employees' Retirement Association; Teachers' Retirement System of Louisiana; City of Philadelphia, Acting Through Its Board of Pensions and Retirement; Concord Investment Company Employees' 401(K) Profit and Sharing Plan and Trust; Irrevocable Trust for the Benefit of Robert Moorman, By Its Trustee, Sidney J. Silver; Norman Chock, M.D.; Norman Chock, M.D., Inc. Pension and Profit Sharing Plan; Norman Chock, M.D., Inc. Integrated Profit Sharing Plan, By Norman Chock, Their Trustee/Owner; Barbara E. ..., 239 F.3d 808 (6th Cir. 2001)
Appeal from the United States District Court for the Middle District of Tennessee at Nashville. Nos. 97-00838; 98-00846, Thomas A. Higgins, District J...
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In an interview, New York State Comptroller Thomas P. DiNapoli, talked about the responsibilities of the Office of the State Comptroller and the programs he implemented to strengthen the internal control structure of his office. DiNapoli said that the Office of the State Comptroller: 1. approves all state contracts, 2. manages the state's retirement system -- whose members include all state employees and local government employees outside of New York City, 3. pays out benefits and invests employee and employer contributions of the New York State Common Retirement Fund, 4. guides the decisions for safeguarding those pension dollars -- as the sole trustee of the state -- and earning a good rate of return, and 5. handles the abandoned property for the state. DiNapoli added that one of his ...
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It looks like Sleepy's found $12.9 million under its mattress.
State officials on Friday announced the New York State Common Retirement Fund invested $12.9 million in Sleepy's, the Long Island- based mattress retailer.