New York State Reports 14.6% Return

The New York State Common Retirement Fund has reported a 14.6% rate of return for its fiscal year ending March 31, 2011, putting the public pension fund's value at $146.5 billion. The estimated value is the fund's highest since the global economic downturn during its 2008-2009 fiscal year. NYSCRF's PE portfolio posted an18.9% return.