Deroy Murdock | Oddly, lots of Democrat constituencies park their cash at Bain

Government-worker pension funds are the chief beneficiaries of Bain’s economic  stewardship. New York-based Preqin uses public documents, news accounts and  Freedom of Information requests to track private-equity holdings. Since 2000,  Preqin reports, the following funds have entrusted some $1.56 billion to Bain:

* Illinois Municipal Retirement Fund ($2.2 million)

* Indiana Public Retirement System ($39.3 million)

* Iowa Public Employees’ Retirement System ($177.1 million)

* The Los Angeles Fire and Police Pension System ($19.5 million)

* Maryland State Retirement and Pension System ($117.5 million)

* Public Employees’ Retirement System of Nevada ($20.3 million)

* State Teachers Retirement System of Ohio ($767.3 million)

* Pennsylvania State Employees’ Retirement System ($231.5 million)

* Employees’ Retirement System of Rhode Island ($25 million)

* San Diego County Employees Retirement Association ($23.5 million)

* Teacher Retirement System of Texas ($122.5 million)


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