California Public Employees' Retirement System related stories
All articles and analysis
GIC buys into second Western GPGIC has reportedly teamed up with Kuwait Investment Authority to buy a 4.5% stake in David Bonderman-led TPG Capital. The sovereign fund bought a stake in Apax in 2009.
- Alinda biogas deal marks third exit for Frog
The US infrastructure firm plans to invest €300m over the next three years in agri.capital, a German biogas company whose previous backers included Frog Capital.
- CalPERS chief named Private Equity Leader
Joe Dear, CalPERS' CIO, is the first LP to be honoured as PEI’s Private Equity Leader and joins Sir Ronald Cohen, Jeremy Coller and Howard Marks on the honour roll.
- Enough already: mega-fund bashing misses the point
As limited partners continue to debate the merits of large buyout funds, evidence grows that they may not turn out to be the poor performers some had assumed.
- Changing faces
Fund managers may need to spend time rekindling relationships with some key US public pensions, many of which have new faces at the top.
- CalPERS debates mega-funds, hardline fee stance
The performance of mega-funds was a key point at a recent meeting, where a board member said he didn't understand why the pension continued 'to do business with the mega-funds'.
- CalPERS to run placement fee audits
The California Public Employees’ Retirement System has approved a number of measures recommended by a special review on the use of placement agents.
- PEI Awards: Oaktree, Apax retain crowns
The results are in: Oaktree and Apax are among the winners that have once again been honoured by peers in the PEI Awards. Meanwhile, TPG swept the boards in Asia, while Actis, Blackstone, Bridgepoint, Robeco, CalPERS, Temasek and Partners Group were also considered standouts by voters.
- Joncarlo Mark to depart CalPERS
The senior portfolio manager for CalPERS’ alternative investments programme will stay on until 31 March.
- CalPERS to keep reducing relationships, ramp up directs
The $231bn pension also plans to boost its exposure to private debt as well as specialty financing in emerging markets like China and Brazil.