Kansas City pension plan terminates PAAMCO

Fri Dec 3, 2010

Trustees at the Kansas City Public School Employees’ Retirement System voted unanimously to terminate its relationship with Pacific Alternative Asset Management Company (PAAMCO) regarding the litigation the firm has faced.

The $690 million pension system had an $18 million allocation with the firm. According to meeting minutes, officials decided...

ISSN: 2151-1845 / CDC10004H

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