California Public Employees Retirement System
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CalPERS' real estate consultant cautions the pension fund's investment committee
trueCalPERS' real estate consultant warned fund officials must maintain their "disciplined approach" to underwriting in the "overheated market."
CalPERS to choose finalists for infrastructure consultant search
trueCalPERS' investment committee is scheduled to consider the recommendation of investment staff at its Aug. 18 meeting to interview three finalists for its infrastructure consultant search.
Villalobos trial delayed as new charge is added to indictment
trueThe trial of former CalPERS board member Alfred Villalobos was delayed on Friday by U.S. District Judge Charles Breyer to Feb. 23 to give the defense more time to respond to an expanded government corruption case.
Villalobos indicted on new bribe conspiracy charge
trueAlfred Villalobos, an ex-CalPERS board member who brokered a $3 billion investment to funds managed by Apollo Global Management, was indicted on a new charge of conspiracy to commit bribery, U.S. prosecutors said.
CalPERS enters into infrastructure partnership with UBS
trueThe California Public Employees' Retirement System, Sacramento, committed $485 million to a new partnership between the retirement system and UBS Global Asset Management, which will pursue infrastructure investments in core markets.
Poor returns forcing CalPERS to cut cord on health-care fund
trueCalPERS is ending its unique experiment as the sole limited partner of Health Evolution Partners Inc., a private equity firm that focuses on health-care companies.
Guilty plea opens new chapter in CalPERS story
trueFormer CalPERS CEO Federico R. Buenrostro's guilty plea earlier this month revealed new details and disclosures in the corruption scandal that engulfed the nation's largest defined benefit plan.
CalPERS posts 18.42% gain for 12 months
trueCalPERS posted double-digit returns for the fourth time in five years, returning 18.42% for the fiscal year ended June 30.
Pension funds to benefit in Citigroup $7 billion settlement
trueState pension funds in California and Illinois are among the recipients of Citigroup Inc.'s $7 billion in fines and consumer relief to resolve government claims that it misled investors about the quality of mortgage-backed bonds sold before the financial crisis.
Ex-CalPERS CEO Buenrostro pleads guilty, admits to taking cash bribes of $200,000
trueFormer CalPERS CEO Federico R. Buenrostro pleaded guilty Friday to a charge of conspiracy to commit bribery and fraud, admitting he received $200,000 in cash bribes — in paper bags and a shoe box — from placement agent Alfred Villalobos as part of a plan to influence CalPERS’ investment decisions.
CalPERS passes $300 billion in assets for the first time
trueThe asset size of CalPERS, the largest defined benefit pension plan in the U.S., crossed the $300 billion mark for the first time.
CalPERS on lookout for general investment consultant
trueCalPERS is searching for a general investment consultant to the $296.3 billion pension fund's board.
Former CalPERS CEO to plead guilty to corruption charges
trueFederico Buenrostro, the former CEO of CalPERS, will plead guilty to corruption charges and testify against his co-defendant, former CalPERS board member Alfred Villalobos, in federal court, Mr. Buenrostro's lawyer William Portanova said.
CalPERS seeks infrastructure, real estate consulting services
trueCalPERS issued an RFP for a pool of consultants for infrastructure and real estate technical investment consulting services.
CalPERS hunting for private equity consultant
trueCalPERS issued an RFP for a private equity consultant to serve as an independent adviser to the pension fund's investment committee.