California Public Employees' Retirement System related stories
All articles and analysis
CalPERS to host emerging managers workshopAmid criticism that CalPERS has moved away from its emerging managers strategy, the system announced a series of workshops dedicated to emerging managers.
- CalSTRS removed from emerging managers workshop
The California Public Employees’ Retirement System will go it alone on an emerging manager workshop that had been billed as a joint effort with the California State Teachers’ Retirement System.
- GIP raises record $8.25bn
Global Infrastructure Partners’ second fund – the largest infrastructure fund ever raised – has reached its revised hard cap, bringing its assets under management to more than $15bn.
- “Stars are aligned” for new funds
First-time VC funds are entering the US market at the fastest rate since 2001, but could all of the recent activity spell a return to the over saturation of the dotcom boom? Dave Keating reports.
- Coller raises cap to $4.5bn
Investors have informally approved the increase which should mean Coller Capital closes the largest secondaries fund early next year, eclipsing rival Lexington Partners.
- Asia Alternatives nears Fund III close
Recent fund presentation documents indicate the firm is close to reaching the $800m target for its third fund of funds.
- KKR gets $2bn for partial stake in Alliance
Walgreens has agreed to purchase a 45% stake in the drug store chain for $4bn in cash and $2.7bn in Walgreens’ stock.
- CalPERS vets 2,000 online fund proposals
Since launching its online PPM portal in 2010, CalPERS has received almost 2,000 fund proposals and has funded seven of them – investment vehicles that disclosed paying about $1.8m in placement fees.
- CalPERS' Dear to head SEC advisory board
CalPERS' chief investment officer, Joe Dear, has been elected to chair an SEC committee that will advise regulators on fee structures, disclosure policies and other topics important to investors.
- CalSTRS adds $250m to emerging managers programme
The $153.7bn retirement system has re-upped $250m with its new and next generation private equity programme, which is managed by Invesco Private Capital.