Financial benchmarking of top 10 pension funds in us 1

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Financial Benchmarking of Top 10 Pension Funds in US

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AUM growth for the past 5 years Total AUM (in $Millions) California Public Employees' Retirement System (CaLPERS) YOY Growth

California State Teachers Retirement System (CALSTRS) YOY Growth New York State Common Retirement Fund (NYSCRF) YOY Growth New York City Employee Retirement Systems (NYCERS) YOY Growth Florida State Board of Administration YOY Growth Teacher Retirement System of Texas (TRS) YOY Growth New York State Teachers' Retirement System (NYSTRS) YOY Growth Wisconsin Investment Board (SWIB) YOY Growth North Carolina Department of State Treasure (NCTREAS) YOY Growth

Ohio Public Employees (OPERS) YOY Growth

Y08

Y09

Y10

Y11

Y12

$239,891

$189,433

$209,676

$247,219

$242,362

-5%

-21%

11%

18%

-2%

$161,459

$118,875

$129,961

$155,513

$150,611

-6%

-26%

9%

20%

-3%

$153,878

$108,961

$132,500

$147,237

$150,659

-0.5%

-29%

22%

11%

2%

$45,259

$34,818

$38,875

$46,696

$46,389

-9%

-23%

12%

20%

-1%

$126,937

$99,579

$109,344

$128,533

$122,746

-7%

-22%

10%

18%

-5%

$104,474

$88,284

$95,243

$107,070

$111,066

-7%

-15%

8%

12%

4%

$94,148

$71,010

$75,458

$88,149

$86,020

-

-25%

6%

17%

-2%

$87,005

$69,551

$75,127

$86,154

$82,570

-7%

-20%

8%

15%

-4%

$72,305

$60,200

$65,300

$74,900

$74,467

-5%

-17%

8%

15%

-1%

$58,719

$68,562

$76,316

$73,997

$80,399

-29%

17%

11%

-3%

9%

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Internally Managed Assets for the past 5 years Internally Managed Assets (in $Millions)

Y08

Y09

Y10

Y11

Y12

$201,110

$160,874

$177,151

$215,174

$191,026

California State Teachers Retirement System (CALSTRS)

-

-

-

$46,620

$50,425

New York State Common Retirement Fund (NYSCRF)

-

-

$70,680

$78,541

$80,366

New York City Employee Retirement Systems (NYCERS)

-

$4,620

$6,520

$15,124

$11,645

Florida State Board of Administration

-

-

-

$54,000

$53,431

Teacher Retirement System of Texas (TRS)

-

-

$56,800

$44,000

$43,000

$61,622

$46,743

$49,087

$55,272

$50,688

-

-

$37,817

$43,368

$41,564

$27,100

$23,200

$24,100

$26,100

$26,800

-

-

-

$35,291

$38,344

Y08

Y09

Y10

Y11

Y12

83.8%

84.9%

84.5%

87.0%

78.8%

California State Teachers Retirement System (CALSTRS)

-

-

-

30.0%

33.5%

New York State Common Retirement Fund (NYSCRF)

-

-

53.3%

53.3%

53.3%

New York City Employee Retirement Systems (NYCERS)

-

13.3%

16.8%

32.4%

25.1%

Florida State Board of Administration

-

-

-

43.5%

43.5%

Teacher Retirement System of Texas (TRS)

-

-

59.6%

41.1%

38.7%

65.5%

65.8%

65.1%

62.7%

58.9%

-

-

50.3%

50.3%

50.3%

37.5%

38.5%

36.9%

34.8%

36.0%

-

-

-

47.7%

47.7%

California Public Employees' Retirement System (CaLPERS)

New York State Teachers' Retirement System (NYSTRS) Wisconsin Investment Board (SWIB) North Carolina Department of State Treasure (NCTREAS) Ohio Public Employees (OPERS)

Internally Managed Assets (As % of Total AUM) California Public Employees' Retirement System (CaLPERS)

New York State Teachers' Retirement System (NYSTRS) Wisconsin Investment Board (SWIB) North Carolina Department of State Treasure (NCTREAS) Ohio Public Employees (OPERS)

Š 2014 Sutherland Global Services Inc., All rights reserved. Privileged and confidential information of Sutherland Global Services Inc.

www.sutherlandglobal.com February 28, 2014

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