California Public Employees Retirement System
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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.
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.
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.
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.
CalPERS picks 16 firms for real-assets consulting pool
trueCalPERS hired 16 firms for its real-assets consulting pool to provide various services
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.
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.