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.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.
