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Public Pension Funds and the Silicon Valley Bank Collapse

Author/s: Anthony Randazzo

Source: Equable Original

    Tags:

  • Investment Policy
  • Transparency
Pension Investment FundSVB Financial Reported ValueSignature Bank Reported Value
California Public Employees Retirement Fund$67,000,000*$11,000,000*
Ohio State Teachers’ Retirement System$27,200,000*$0
New York State Common Fund$26,500,000$8,200,000
Washington State Investment Board$18,100,000**$9,694,422**
New York State Teachers’ Retirement System$15,000,000$8,600,000
Florida Retirement System (State Board of Administration)$14,000,000$8,000,000
Colorado Public Employees Retirement Association$12.500,000*$1,000,000
California State Teachers’ Retirement System$11,000,000*$12,100,000
North Carolina Total Retirement Plans$9,900,000*$7,800,000*
Wisconsin Retirement System$8,600,000$3,700,000
New Jersey Department of Investment$8,400,000$4,200,000
Ohio Public Employees’ Retirement System$7,000,000$4,000,000
Retirement Systems of Alabama$4,400,000$2,300,000
Michigan Department of Treasury$3,900,000$2,000,000
Arizona State Retirement System$3,800,000$2,000,000
Oregon Public Employees Retirement System$2,500,000$556,000
Utah Retirement System$2,400,000$1,200,000
Texas Teachers Retirement System$2,000,000$1,000,000
Pennsylvania Public School Employees’ Retirement System$2,000,000$1,000,000
Tennessee State Treasury (TN Consolidated Retirement System)$2,000,000$1,000,000
Alaska Retirement Management Board$2,000,000$1,000,000
Kentucky Teachers’ Retirement System$1,200,000$1,000,000
Maryland State Retirement and Pension System$1,000,000$546,000
Kentucky Retirement System$1,000,000$570,000
Louisiana State Employees’ Retirement System$875,000$472,000
New Mexico Educational Retirement Board$656,000$346,000
Illinois Municipal Retirement Fund$518,000$509,000
Ohio School Employees Retirement System$421,000*$0
Virginia Retirement Systems$0$1,057,000**
Rhode Island Employees Retirement System$2.6m or less (reported combined data)$2.6m or less (reported combined data)