US pension fund mission arrives in Israel

Representatives from 20 leading US pension funds arrived in Israel Sunday to participate in a four-day mission to explore possible investment opportunities in the country.

By AVI KRAWITZ
June 19, 2006 08:45

 
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Representatives from 20 leading US pension funds arrived in Israel Sunday to participate in a four-day mission to explore possible investment opportunities in the country. The 45-person delegation, with a combined $1 trillion of investment under management, arrived at the invitation of Prime Minister Ehud Olmert during his tenure as Minister of Industry, Trade and Labor last year. Traveling under the banner of the World Pension Forum Mission to Israel, participants include New York state Comptroller Alan Hevesi; Massachusetts State Treasurer Tim Cahill; Chief Investment Officer of Oregon Ron Schmitz; Executive Director of New York State Teachers Fund George Phillips, and former US Ambassador to Israel Daniel Kurtzer.

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