Investment manager

NY Nurses, Investment Manager Spar Over Arbitration Award


By Sarah Jarvis (October 22, 2021, 8:24 p.m. EDT) – Trustees of a New York Nursing Pension Plan and one of the plan’s investment managers disagree over an August arbitration award on pension plan claiming about $ 140 million and the investment manager accusing the plan of distorting the award.

In a motion filed Tuesday, administrators of the New York State Nurses Association pension plan urged a New York federal court to uphold a final award it says it received in the in connection with the arbitration against the investment manager White Oak Global Advisors LLC. But in its own memorandum, filed Wednesday, White Oak urged the court to partially overturn the …

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