California Public Employees Retirement System
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Institutional investor coalition calls on governments for climate-change policies
trueA group of 347 global asset owners and other institutional investors representing $24 trillion in assets — including CalPERS, CalSTRS, BT Pension Scheme and BlackRock — called on government leaders worldwide to phase out subsidies for fossil fuels and move to carbon pricing to facilitate ...
CalPERS makes Eliopoulos permanent CIO
trueTheodore "Ted" Eliopoulos was named permanent chief investment officer of CalPERS
Watch P&I's Resnick discuss CalPERS on PBS
truePensions & Investments' Executive Editor Amy Resnick appeared on PBS' “Nightly Business Report produced by CNBC” to discuss CalPERS' decision to eliminate its hedge fund portfolio.
CalPERS selects StepStone for infrastructure consulting
trueCalPERS’ investment committee hired StepStone Group as infrastructure consultant, pending contract negotiations.
CalPERS is largest investor to exit hedge funds, but decision isn't a surprise to some
trueCalPERS is the first large institutional investor to completely eliminate hedge funds from its portfolio.
Charles Valdes, former CalPERS trustee, dead at 74
trueCharles P. “Chuck” Valdes, a former board member with the $298 billion California Public Employees' Retirement System, has died.
CalPERS dumping hedge funds
trueThe $298 billion California Public Employees' Retirement System, Sacramento, will completely close its $4 billion hedge fund portfolio.
CalSTRS private equity manager leaves to head new CalPERS unit
trueMahboob Hossain joined the $298 billion California Public Employees' Retirement System as a senior portfolio manager.
CalPERS adds $1.3 billion to 3 real estate partnerships
trueCalPERS committed an additional $1.3 billion total to three real estate partnerships, said agenda materials for the investment committee's meeting on Monday.
CalPERS commits $1.35 billion to 4 managers
trueCalPERS committed $600 million to two real estate partnerships, $500 million to a European opportunistic credit strategy and $250 million to a credit-focused investment strategy, said agenda materials for the investment committee’s Sept. 15 meeting.
CalPERS issues RFP for consultants' pool
trueCalPERS has issued a request for proposals for investment consultants to participate in a pool of firms providing general investment consulting services.
CalPERS to choose private equity consultant finalists
trueCalPERS staff will ask the $302 billion pension fund's investment committee at its Sept. 15 meeting to approve the selection of three finalists for the committee's private equity consultant — incumbent Pension Consulting Alliance, Albourne America and Meketa Investment Group.
Vector fund connects Harvard, CalPERS money to Caribbean payday loans at 600%
trueAlex Slusky was under pressure to put the money in his private equity fund to work. The San Francisco technology financier had raised $1.2 billion in 2007 to buy and turn around struggling software companies. By 2012, investors including Harvard University were upset that about half the money ...
CalPERS commits $4.5 billion to private equity across 17 opportunities in FY 2014
trueCalPERS committed $4.47 billion to 12 private equity funds and five co-investment opportunities in the fiscal year ended June 30.
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."