World & BusinessNYC pensions eye $5 billion green allocation in private markets
Bloomberg reports that New York City Comptroller Mark Levine unveiled the plan and characterized it as a way to meet climate-related goals while safeguarding returns.
TLDR
New York City's pensions are eyeing a $5 billion green allocation in private markets, Bloomberg reports. Comptroller Mark Levine unveiled the plan, describing the proposed shift as designed to help meet climate-related goals while safeguarding returns.
NYC pensions eye $5 billion green allocation in private markets
Bloomberg reports that New York City Comptroller Mark Levine unveiled the plan and characterized it as a way to meet climate-related goals while safeguarding returns.
TLDR
New York City's pensions are eyeing a $5 billion green allocation in private markets, Bloomberg reports. Comptroller Mark Levine unveiled the plan, describing the proposed shift as designed to help meet climate-related goals while safeguarding returns.