California Public Employees Retirement System

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  1. CalPERS strips board vice president of title, censures another member

    truePriya Mathur, vice president of CalPERS' board, has been stripped of her title and other leadership positions for violating state financial reporting requirements. She remains on the board.

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  1. CalPERS launches search for federal policy lobbyists

    trueThe firms chosen would be part of a pool and would develop strategies to achieve CalPERS' desired results on federal legislation, regulations, issues, projects or events, according to an RFP posted Friday.

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  2. CalPERS' fixed-income portfolio returns 7% annually over 10 years

    trueCalPERS, in its latest annual review of the fund's global fixed-income program, said the $46.9 billion pool returned 7% annually in the 10 years ended June 30, 72 basis points above its benchmark. By comparison, the Barclays U.S. Aggregate index returned 5.43% annually during the same period.

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  3. CalPERS gives OK to increase commitments to 3 managers

    trueCalPERS' investment committee has cleared the way for the pension fund's private equity staff to make more investments with its three largest private equity partners, Apollo Global Management, Carlyle Group and Blackstone Group, allowing billions of dollars more to go to the private equity giants.

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  4. Panel offers differing views on governance with public technology companies

    trueAn asset owner, money manager and academic faced off in a panel discussion at the Council of Institutional Investors conference in Los Angeles expressing widely different views on the degree of toughness investors should bring to bear to demand better corporate governance at technology companies ...

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  5. Impact of Stockton decision uncertain

    trueIt remains to be seen whether a judge’s statement Wednesday that bankrupt Stockton, Calif., can cancel its contracts with CalPERS will have an impact on retirees and weaken vested pension rights.

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  6. CalPERS shouldn't get special treatment in bankruptcy case, judge says during hearing

    trueCalPERS doesn't deserve special protection as a creditor in a municipal bankruptcy, said the judge overseeing the debt restructuring of Stockton, Calif., in a case that pits public pension fund advocates against Wall Street creditors.

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  7. Coca-Cola reduces shareholder approved executive equity plan

    trueCoca-Cola Co. announced Wednesday it is backtracking somewhat from its executive equity plan approved in a shareholder vote in April that received opposition from some major pension funds, which called it excessive.

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  8. New CalPERS CIO is a well-connected insider

    trueCalPERS' new chief investment officer, Theodore “Ted” Eliopoulos, is a politically savvy insider who built his reputation not from investment expertise but from knowing the power corridors of Sacramento and allying himself with a powerful real estate developer.

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  9. Portfolio choices doomed CalPERS' hedge fund program

    trueCalPERS officials made ineffective portfolio construction choices for a dozen years before throwing in the towel on hedge funds, sources say.

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  10. Canada offers lessons for CalPERS, other U.S. funds

    trueI was a member of a task force created in the late 1980s by the government of Ontario to recommend how the province's public-sector pension plans might be restructured for better performance.

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  11. Too complex for CalPERS

    trueCalPERS' decision on Sept. 15 to close its $4 billion hedge fund program will lead to a lot of re-examination of the investment strategy by other asset owners.

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  12. CalPERS picks 16 firms for real-assets consulting pool

    trueCalPERS hired 16 firms for its real-assets consulting pool to provide various services

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  13. CalPERS pledges to disclose carbon footprint in investment portfolio

    trueCalPERS on Thursday became one of the initial signatories to a new global carbon pledge, committing to measure and publicly disclose the carbon footprint of its investment portfolio.

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