California Public Employees' Retirement System related stories
All articles and analysis
CalPERS makes $3.68bn in commitmentsThe US public pension has backed 11 private equity funds.
Side Letter: CPPIB loses senior European exec, two firms get into healthcare, Hong Kong carryTwo firms have just revealed new healthcare platforms; CPPIB's world-leading secondaries team is changing; and Hong Kong officials take a look at carried interest tax. Here's today's brief, for our valued subscribers only.
Side Letter: A simple way of improving diversity, Ravi Thakran's new gig, LGT on ESGHere's an idea to make a more diverse private equity industry: hire more women and minorities. Here's today's brief, for our valued subscribers only.
Side Letter: 'Natural capital', climate change, KKR, CalPERS and PE's pandemic vacationsPlenty for you to mull over this morning, ranging from how KKR is taking on mental health issues to where PE folk go on holiday during a pandemic. Plus: the pitch of anti-PE rhetoric increases once more, the rise of 'natural capital' and the latest from CalPERS. Here's today's brief, for our valued subscribers only.
Side Letter: PEP primed for deals, SoftBank's improved vision, CalPERS inquiryAustralia – like other markets around the world – is readying for a round of post-covid deal-making. Pacific Equity Partners is ready to the tune of A$2.5 billion. Plus: the CalPERS drama continues, SoftBank's revived Vision Fund and how to deal with an LP default. Here's today's brief, for our valued subscribers only.
Side Letter: What we know about Ben Meng's departure from CalPERSWe're all about CalPERS today. The world's eighth biggest private equity investor is dealing with the hasty departure of CIO Ben Meng. As details trickle out about the reasons why Meng left, the plan to push the giant pension further into private assets is being overshadowed. Here's today's brief, for our valued subscribers only.
Side Letter: On CalPERS's CIO resignation, Carlyle performance visualised, a new GP stakes investorShock news from California this morning: the world's eighth largest investor in private equity is once again without a CIO. Plus: a new player in the GP stakes market, Ares fundraising update and Carlyle's fund performance visualised. Here's today's brief, for our valued subscribers only.
CalPERS begins search for next CIO as incumbent Meng resignsMeng’s short tenure saw the $390bn institution announce a controversial leverage strategy to meet its long-term return target.
CalPERS' plan to leverage its portfolio: Three things to knowThe pension giant plans to leverage up to $80bn of its total portfolio to tap opportunities during the market downturn. Here’s how it could do it.