Empowering the Next Generation: Comptroller DiNapoli's 19th Annual Emerging Manager & MWBE Conference
Comptroller DiNapoli's 19th Annual Emerging Manager & MWBE Conference was held on February 13, 2026. Each year, the Fund invites up-and-coming investment managers to meet with Fund staff and program partners to learn about the Fund’s investment decisions and monitoring processes, and to network and gain important insights and perspective into the Fund’s asset class portfolios and their objectives.
The New York State Common Retirement Fund's Emerging Manager program has long provided meaningful capital to newer, smaller and diverse investment management firms, including a significant number that are minority- and women-owned. The fresh strategies and insights gained from these relationships have benefited the Fund’s portfolio, which serves the more than 1.2 million members, retirees and beneficiaries of the New York State & Local Retirement System. The Fund is one of a few public pension plans to establish an emerging manager program and has committed $11.6 billion to the program. There are presently 17 managers in the current CRF portfolio who are graduates of the Emerging Manager Program.
|
Pension Fund Valued at $297.8 Billion at End of Third Quarter
The estimated value of the New York State Common Retirement Fund (Fund) was $297.8 billion at the Dec. 31, 2025, end of the third quarter of State Fiscal Year 2025-26, Comptroller DiNapoli announced. Fund investments returned an estimated 2.44% for the quarter and 12.50% for the first nine months of the fiscal year.
"The state pension fund continued to grow over the third quarter,” DiNapoli said. “Drops in the stock market, inflation, slower job growth and broader economic volatility remain risks, however. Fortunately, my team manages the state pension fund prudently, with a diversified portfolio that can weather economic storms and provide retirement security for the pension fund’s more than 1.2 million working and retired members and their beneficiaries.”
|
Albany Man Who Victimized Elderly NYS Pensioner Sentenced to State Prison
Comptroller DiNapoli, Rensselaer County District Attorney Mary Pat Donnelly and New York State Police Superintendent Steven G. James announced that an Albany man was sentenced to serve two to six years in state prison for stealing $230,000 in pension and social security benefits from an elderly victim. He was also ordered to pay $115,000 in restitution.
|
A L S O I N T H E N E W S
Note: Some news links may require a paid subscription
P O S T O F T H E W E E K
No comments:
Post a Comment