We're no longer maintaining this page.
For the latest business news and markets data, please visit CNN Business
Forget the rich. Check out the public pension funds that every hedge fund manager, investment banker, and private equity CEO on Wall Street wants to woo.
Investments: Thomas DiNapoli, the comptroller who manages the pensions of New York government employees, isn't an activist investor in the traditional sense. But that's not to say he doesn't pull his weight.
Earlier this month, he delved into a standoff between LG Electronics and residents of Englewood Cliffs, New Jersey, over the South Korean company's planned North American headquarters that will include a 143-foot office tower that critics say will obstruct views in the area. With his pension fund owning over $10 million of LG stock, DiNapoli asked LG's management to consider a redesign of the building, arguing that the "potential for reputational harm and protracted legal expenses" for LG could hurt his fund's investment.