Pension systems' investments
Los Angeles developer CIM Group has amassed much of its investment capital from public pension systems. Here is a sampling of the commitments to CIM made by such agencies:
Pension systems' investments
Los Angeles developer CIM Group has amassed much of its investment capital from public pension systems. Here is a sampling of the commitments to CIM made by such agencies:
* California Public Employees' Retirement System: $1.87 billion
* Teacher Retirement System of Texas: $375 million
* New York State Common Retirement Fund: $250 million
* California State Teachers' Retirement System: $245 million
* University of California Retirement Plan: $150 million
* Arizona State Retirement System: $125 million
* City of Los Angeles (two systems): $115 million
* New Jersey Public Employees' Retirement System: $100 million
* North Carolina Retirement Systems: $100 million
* San Francisco Employees' Retirement System: $75 million
* Virginia Retirement System: $50 million
* Alameda County Employees' Retirement Assn.: $25 million
Source: Times research