DiNapoli: $200M allocated to Pine Street
Comptroller Tom DiNapoli announced that $200 million from the New York State Common Retirement Fund has been allocated to Pine Street Alternative Asset Management.
View ArticleNY pension fund estimate reaches $176 billion
Comptroller Thomas DiNapoli says the pension fund for state and local government workers has reached a record high of $176.2 billion last year.
View ArticleDiNapoli: LIRR strike could cost $50M a day
In addition to lost worker productivity, the strike would also hurt tourism spending both on Long Island and in New York City.
View ArticleNY pension fund estimate reaches $180.7 billion
New York's pension fund for state and local government workers has reached a record high of $180.7 billion, with a 3.6percent return on investment in the most recent quarter.
View ArticleDiNapoli: NYS spending up, debt down
New York's comptroller reports that state government spending increased 3.3 percent to $137.5 billion in its last fiscal year, while its debt declined slightly to $63.3 billion.
View ArticleDiNapoli: State tax receipts up
State tax collections through the first seven months of the current fiscal year were about $1.6 billion more than projected when the state budget was adopted.
View ArticlePension fund to invest $50M in NYS firms
The money, set aside as part of the In-State Private Equity Investment Program, will be overseen by New York City-based Graycliff Partners.
View ArticleState faults Southold for lack of competitive bidding
Auditors found at least seven instances where town purchases were not put out to bid.
View ArticleDiNapoli: NYS missed out on $119M in drug rebates
The state failed to file paperwork for $119 million in potential Medicaid rebates over an almost three-year period.
View ArticleAverage Wall Street bonuses nearly $173,000
That's the largest average Wall Street bonus since the 2008 financial crisis, though the industry was slightly less profitable last year.
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