NY pension fund estimate reaches $180.7 billion

ALBANY, N.Y. (AP) — New York’s pension fund for state and local government workers reported Friday reaching a record high of $180.7 billion following a 3.6 percent return on investment in the most recent quarter.

That includes “solid performance” in domestic and global stocks, which account for more than 55 percent of the portfolio, said Comptroller Thomas DiNapoli, the fund’s trustee. Almost 27 percent is invested in cash, bonds and mortgages, almost 8 percent in private equity, 7 percent in real estate and the balance in other investments.