Private Equity
The $19.2bn pension's consultant stressed that the PE program's apparent under-performance is due to public market volatility, a common issue faced by LPs.
3 min read · 29 September 2020
Keeping the Republican Party in charge of the Senate is seen as critical for the PE industry in light of a recent push from progressives to go after the industry.
5 min read · 18 September 2020
CalPERS staff suggested plans to create two in-house investment funds were still 'moving forward,' but there was nothing to announce yet.
4 min read · 15 September 2020
Private equity remains one of the strongest-performing asset classes for the $75bn US pension.
2 min read · 14 September 2020
The vast majority of the portfolio is still fund commitments, but the $262bn pension is planning to grow its co-investment strategy in the future.
2 min read · 02 September 2020
Board VP and investment committee chair Theresa Taylor harshly criticised fellow board member Margaret Brown as well as a prominent financial blogger.
3 min read · 28 August 2020
Margaret Brown says doing so would be necessary until an investigation is completed into former CIO Ben Meng's financial disclosures.
4 min read · 26 August 2020
Margaret Brown said doing so would be necessary until an investigation is completed into former CIO Ben Meng's financial disclosures.
4 min read · 26 August 2020
The $103.9bn pension's private equity staff says that distressed managers are ideally positioned to take advantage of the crisis's aftermath over the next several years.
3 min read · 25 August 2020
CIO Tom Lopez said the new 14% PE target was "pretty ordinary" for pension systems these days.
2 min read · 20 August 2020