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NEWS from the Office of the New York State Comptroller
Contact: Press Office 518-474-4015

DiNapoli Announces $200 Million Commitment for Opportunistic Investments

New York State Comptroller Thomas P. DiNapoli announced today that the New York State Common Retirement Fund (Fund) has allocated $200 million to Pine Street Alternative Asset Management for opportunistic investments through its Emerging Manager Program. DiNapoli made the announcement during his address to attendees at the seventh annual Emerging Manager Conference in Albany today.

NYS Common Retirement Fund Announces Third Quarter Results

The New York State Common Retirement Fund's (Fund) estimated rate of return for the third quarter ending Dec. 31, 2013 was 5.14 percent, increasing the Fund's value to an estimated $173.2 billion, according to New York State Comptroller Thomas P. DiNapoli. The Fund ended its fiscal year on March 31, 2013 at $160.7 billion.

See if any of NY's $12.5 Billion in Unclaimed Funds is Yours at Upcoming Statewide Events

New Yorkers can find out if they are owed some of the state’s $12.5 billion in unclaimed funds at events across the state in February, State Comptroller Thomas P. DiNapoli announced today.

“New York has $12.5 billion in unclaimed fund accounts. We want to return this money to its rightful owners,” DiNapoli said. “The money belongs to New Yorkers. We want to give it back.”

DiNapoli: Funds Dedicated for Highway & Bridge Capital Projects Continue to be Diverted for Operating and Debt Costs

Money in the Dedicated Highway and Bridge Trust Fund continues to be diverted for non-capital purposes, leaving critical highway and bridge projects at increased risk as the state faces fiscal challenges and shrinking debt capacity, according to a report issued today by New York State Comptroller Thomas P. DiNapoli.