Private Equity
PE Director Margot Wirth praised Winter for helping CalSTRS transition from a mostly outsourced PE program to one that is “strongly staff-driven.”
1 min read · 03 September 2020
The Retired Public Employees' Association of California wrote a letter complaining about Jones' handling of the investigation into former CIO Ben Meng's personal investments.
4 min read · 02 September 2020
The market dislocation means there may now be more secondaries sellers than buyers, but LACERS staff wants to stick with secondaries fund investments for now.
3 min read · 31 August 2020
Growth and venture holdings had generated such sizable returns as of March 31 that the strategy was over 4 percentage points overweight.
2 min read · 21 August 2020
The $216bn pension has committed more capital to private equity during the covid crisis than it did during the same period last year.
2 min read · 18 August 2020
State treasurer Joe Torsella said the policy is intended to make clear "who went where, when, and who paid for it.”
3 min read · 14 August 2020
Meng was in the process of launching a leveraged push into private equity and private credit.
3 min read · 06 August 2020
Steve Mermell said CalPERS was not representing the actual level of risk in its plan and is not being sufficiently transparent.
3 min read · 05 August 2020
Carbone says family capital's flexibility and patience may be appealing to family- and founder-owned businesses facing headwinds due to covid.
4 min read · 05 August 2020
The vehicle will start out in the liquid market but transition to the illiquid market over time.
2 min read · 04 August 2020
