News

UN Pension Fund Board meeting in New York

24 Feb 2014

Investcorp, a global provider and manager of alternative investment products, hosted a meeting of the United Nations Pension Fund Board of Directors at its New York headquarters on 10 February 2014.

UN Secretary-General Ban Ki-moon also visited the Investcorp offices and joined the members of the Board for lunch. He was welcomed by Investcorp’s Executive Chairman and CEO, Nemir Kirdar, who himself serves on the Pension Fund Board and is one of nine members of the UN Investments Committee.

The Pension Fund was established by the UN General Assembly in 1949 to provide retirement and related benefits to the staff of the UN and its 23 member organizations and has more than US$50 billion of assets under management. The Investments Committee reviews investment policy and provides advice, recommendations and global investment expertise to the Pension Fund Board.

Nemir Kirdar commented: “It has been an honour to serve on the UN Pension Fund Board and the Investments Committee for the past eight years and a privilege for Investcorp to host the meeting of the Pension Fund Board. We were delighted to welcome Secretary-General Ban Ki-moon to our New York headquarters and we look forward to continuing our good relationship with the UN.”