California Public Employees' Retirement System related stories
All articles and analysis
CalPERS approves $500m commitmentThe US public pension has backed a North America-focused fund.
CalPERS may need to up its commitment paceSome board members asked whether it is reducing the investment opportunity set by consolidating its roster of managers.
- CalPERS commits $1.1 billion
The US public pension committed to two PE funds between May and June
- CalSTRS PE return smashes benchmark
The asset class was second only to global public equity in terms of performance for the year ended 30 June.
- CalPERS PE returns miss benchmark; infra, RE outperform
The chief investment officer for the US’s largest pension fund emphasised long-term performance over short-term results on a media call with reporters.
- CalPERS seeks PE managers
The California pension wants help with its investment needs.
- CVC VI is nearly 90% invested after $1.4bn deal
The successor fund set a European record when it closed on €16 billion in June.
- Lies, damned lies and performance
Can past performance help LPs pick future winners?
- First Reserve founder Macaulay hands reins to Krueger
William Macaulay, executive chairman of the Greenwich-headquartered firm will step down as co-CEO, passing on day-to-day responsibilities to Alex Krueger, but will remain involved with the firm.
- CalPERS reaffirms commitment to PE
Two days after its CIO hinted at possible cuts admin.privateequityinternational.com/news/global/2017-06-21/calpers-cio-hints-at-possible-pe-cuts/ in private equity allocations, the Californian pension’s investment committee chair and board vice-president has said in a note on the pension’s website that the asset class is ‘essential’.