California Public Employees' Retirement System related stories
All articles and analysis
Couples at the crossroadsPEI examines the long-term relationships between six major LPs and GPs and assesses the state of their unions in a changed market.
- Opening the books
Disclosure information provided by CalPERS reveals a $58m fee haul for ARVCO Financial Ventures and other snippets of placement agent intelligence
- Alinda's second fund closes on $4bn
Alinda Infrastructure Fund II has reached final close at $4bn, exceeding its cover amount by $1bn while falling $1bn shy of its $5bn cap.
- CalPERS to expand infrastructure portfolio in 2010
The pension has investments in its pipeline that could bring its total commitments to the asset class to $1bn or more by early 2010. CalPERS has already invested $700m to the asset class.
- More PE firms may consider broker-dealer divisions
As regulations governing private fundraising multiply, private equity firms are increasingly considering creating internal broker-dealers. TPG and KKR are among those with such divisions.
- In this issue …
In this issue ? 2008-06-01 Staff Writer COMPANIES Alchemy Partners 6 Abraaj Capital 36 Actis 36,64 Advent International 8, 26 AIG 38 Alpha Associates 78&l
- Ethics probe-linked firm collects most placement fees for CalPERS investments
Pension documents detailing ARVCO's fee income related to CalPERS also reveal TPG has a broker-dealer affiliate and that Quadrangle paid a fee to UBS for the successful outcome of an LP vote to preserve the investment period on its latest fund.
- CalPERS real estate officer to take Valdes seat
Veteran CalPERS board member Charles Valdes is not running for re-election, and he will be replaced by Joseph Jelincic, a real estate investment officer at the pension.
- Year-End Spotlight: Corruption rocks placement industry
A pay-to-play scandal that has raged from New York to California will impact the way fundraisers do business with public pensions.
- News analysis: Placement agent identity theft
A proposed rule in California would turn placement agents into lobbyists. It’s yet another challenge to the definition of what a placement agent is.