The New York State Common Retirement Fund (NYSCRF) has recently purchased shares of Fidelis Insurance Holdings Limited (NYSEFIHL). The fund, which manages retirement benefits for public employees in the state of New York, invested $10 million in the company, according to a press release from NYSEFIHL.
Fidelis Insurance Holdings is a holding company that owns and operates several insurance companies, including Fidelis Care, Empire BlueCross BlueShield, and GHI. The company provides health insurance coverage to millions of people across the United States, including many residents of New York state.
The NYSCRF's investment in Fidelis Insurance Holdings is part of its ongoing efforts to diversify its portfolio and generate competitive returns for its beneficiaries. The fund has a long history of investing in companies across a range of industries, including technology, healthcare, and finance.
In addition to its investment in Fidelis Insurance Holdings, the NYSCRF has also recently purchased shares of several other companies, including Microsoft Corporation (MSFT), Alphabet Inc. Class A (GOOGL), and Amazon.com, Inc. (AMZN). These investments are part of the fund's ongoing strategy to invest in companies that have strong growth potential and can generate stable returns for its beneficiaries over the long term.
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