Maryland State Pension Now Required to Report Carried Interest on Assets
The new bill, combined with existing state law, means the State Retirement and Pension System must now report all fees paid to outside investment managers.
Tag: public DB plan
Lawsuit Over KRS Hedge Fund Investments Being Pushed and Pulled in Court
A Kentucky appeals court reversed a lower court’s ruling that the beneficiaries of the Kentucky Retirement System (KRS) had standing to sue over risky hedge fund investments; but the beneficiaries have now appealed to the State Supreme Court.