California Public Employees' Retirement System related stories
All articles and analysis
Friday Letter @PrivateEquityLP: made 4x on exit! #homerun #champagneFor an industry that prides itself on being both progressive and adaptable, private equity has been slow to embrace social media in a bid to create and manage brand awareness.
- Friday Letter Private equity to the rescue
‘Traditional’ asset classes are expected to produce lackluster returns this year, highlighting once again the importance of private equity for investors to reach their overall returns objectives.
- Friday Letter Tax revisited
The most powerful argument against sustaining the status quo on taxing carried interest is the political one.
- Friday Letter Where's my safe eight
The search for yield and publicly listed private equity firms have investors buzzing.
- Friday Letter Obama attacks
The industry is in for a rough ride to November now that the US Democratic campaign has fired the opening salvo in its attacks against Mitt Romney’s private equity past.
- Friday Letter What’s keeping your LPs awake at night?
An exclusive global investor survey finds not every LP thinks of fees as their No. 1 concern for 2013
- CalPERS spells out expectations on ESG
The LP pacesetter has created its first ever stand-alone report on responsible investment, in effect providing CalPERS' chosen fund managers a bigger window into how their ESG-related work is reviewed.
- SEC: Former CalPERS officials defrauded Apollo
Alfred Villalobos, a former CalPERS board member turned placement agent, and the pension system’s former CEO Fred Buenrostro, allegedly tricked Apollo into paying fees for fundraising work they claimed was approved by the pension, the SEC has charged.
- Arkansas Teacher commits $105m
The $11.7bn retirement system used almost a third of its annual private equity allocation on commitments to Riverside Partners, Court Square Partners and TPG Credit.
- CalPERS fails to clear returns benchmark
The $233bn retirement system’s private equity portfolio was one of a handful of bright spots in its investment holdings, which generated only a 1% return over the year to 31 March.