State Bill Advances to NY Govenor’s Desk to Increase Alternative Investment Allocations for Public Pensions
Posted on 06/01/2022
The New York General Assembly, the state’s legislature, approved a bill by a 139-10 vote that would allow large New York-based public pension funds to increase their alternative investment allocations to 35%, from the current 25% limit. This is after the New York State Senate voted 56-5 in favor of the bill on May 23,…
