Northeast

Alex Doñé and Neil Messing will oversee private equity and hedge funds, respectively, for New York City's asset management unit, Comptroller Scott Stringer said.

A positive review of Rockland County's 2015 budget by the New York State Comptroller is a credit positive for the large suburban government following years of deterioration, Moody's Investors Service announced Friday.

In-state investments by the Connecticut Retirement Plans and Trust Funds totaling more than $400 million are generating solid investment returns, state Treasurer Denise Nappier said.

Prince George's County, Md., signed 30-year P3 pact with Corvias for management of storm water runoff into Chesapeake Bay.

Moody's Investors Service has revised its outlook on the University of Pennsylvania to positive from stable on expectations that the Ivy League school will continue its momentum in student enrollment, donor support and building flexible reserves.

Public pension discussions take on renewed vigor as unfunded liabilities trouble many states, though there are plenty of examples of sound practices, experts say.

Lockport, N.Y. was kept at the lowest investment grade rating Wednesday by Moody's Investors Service citing challenges to replenish the city's fund and cash balance to "adequate levels."

The Massachusetts Development Finance Agency and the Wentworth Institute of Technology have entered into a settlement with the Internal Revenue Service to resolve tax issues relating to land located in Concord, Mass. that was acquired with bond proceeds. The institution sold the land in 1998 without redeeming bonds or finding alternative qualified use for the sale proceeds at the time.

The Port Authority of New York and New Jersey won a court battle against the Automotive Automobile Association's efforts to block a planned December toll hike.

New York MTA Chairman Thomas Prendergast and several board members called for a full-court press on Albany officials to fully fund its four-year capital program.