Get breaking news alerts via email

Click here to manage your alerts
Utah retirement pension ranks nationally for private equity returns
Pension » Study shows Utah Retirement Systems had 6.2 percent return in five years.
First Published Oct 25 2013 01:44 pm • Last Updated Oct 25 2013 01:44 pm

The Utah Retirement Systems, which manages the benefits for retired Utah public employees including teachers and police officers, was ranked one of the top 10 in the country for its private equity returns.

The URS was ranked eighth after its fund generated 6.2 percent and 13.5 percent returns from its annualized private equity investments over five-year and 10-year spans, respectively.

Join the Discussion
Post a Comment

The study by the Private Equity Growth Capital Council is based on an analysis of 146 U.S. public pension funds with assets greater than $1 billion.

The Massachusetts Pension Reserves Investment Trust had the highest private equity performance, followed by the Los Angeles County Employees Retirement Association and the Teacher Retirement System of Texas.

"Time and again private equity has proven that it’s the single best asset class for public pensions, by delivering superior returns over long time horizons," Steve Judge, president and CEO of the PEGCC, said in a statement. "Private equity continues to strengthen the retirement security of the millions of American police officers, firefighters, teachers and administrators who rely on hard-earned pension benefits."

To see more about the study, go to www.pegcc.org.

Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Reader Comments Read All Comments Post a Comment
Click here to read all comments   Click here to post a comment

About Reader Comments

Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Staying Connected
Contests and Promotions
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Access your e-Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.