California Public Employees' Retirement System related stories
All articles and analysis
CalPERS reports 8.9% annual PE returnsThe asset class underperformed its benchmark by 221bps.
- CMERS calls for fee transparency
CMERS CIO David Silber outlines a range of concerns from industry fees to disclosure practices.
- Friday Letter: CalPERS' cull
As large LPs continue to consolidate, smaller managers will have to source their capital form elsewhere, but that needn't be a terrifying scenario
- CalPERS chases 6% of GPs for carried interest data
The pension fund will begin to publish GP carried interest figures in Q4.
- Moelis and Evercore boost PE advisory teams
The New York M&A advisers increase their exposure to private investment
- CalPERS to halve its external fund managers
The move will see the pension fund almost halve its number of external managers in a bid to further reduce costs
- Chart of the Week: Geographical breakdown of LPs
North American LPs are the largest investors for private equity
- Pomona buys stakes in pair of Bridgepoint funds
Pomona funded the transaction using its eighth secondaries fund which closed on $1.75bn in April 2014
- Cerberus raising $3bn for distressed fund
The New York based alternative investment firm is said to be seeking $3 billion for its latest private equity fund meant to invest distressed situations
- Riverstone Holdings targets $8 billion for new fund
The vehicle will focus on global energy and power investments