| Industry | Pension Fund |
|---|---|
| Headquarters | , |
Key people | David G. Bronner, CEO |
| Website | www |
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Retirement Systems of Alabama building in Montgomery, Alabama
Retirement Systems of Alabama is the administrator of the pension fund for employees of the state of Alabama. It is headquartered in Montgomery, Alabama, U.S. David G. Bronner is the chief executive officer.
Under Bronner's leadership, RSA has made a number of large real estate investments, some of them highly public. Its best known development is the Robert Trent Jones Golf Trail, a chain of eleven golf course complexes throughout the state. In 2019, RSA owned 26 golf courses.[1] Since the beginning of the 21st century, RSA has been ranked among the 20 largest internally funded pension funds in the world.
Notable investments
- Robert Trent Jones Golf Trail
- Community Newspaper Holdings (in process of being sold)
- 55 Water Street, the largest office building by floor area in New York City
- Raycom Media (sold to Gray TV)
- The Grand Hotel, Point Clear, Alabama, U.S.
- RSA Battle House Tower, Mobile, Alabama, U.S.
- RSA Dexter Avenue Building, Montgomery, Alabama, U.S.
- Renaissance Ross Bridge Golf Resort and Spa, Birmingham, Alabama, U.S.
- Renaissance Montgomery Hotel & Spa at the Convention Center, Montgomery, Alabama, U.S.
- Van Antwerp Building, Mobile, Alabama, U.S.
See also
External links
- "Alabama's Pension Fund Learns How Not To Do A Deal". BusinessWeek. May 4, 1997.
- Retirement Systems of Alabama official web site
References
- ^ Fagan, Mark (2019). Alabama's Public Pension Fund Growth and Economic Expansion Since 1973. p. iv. ISBN 978-1-54396-431-8.