California Public Employees' Retirement System related stories
All articles and analysis
Firm linked to CalPERS ethics probe secured $3bn for ApolloA California political ethics commission is investigating CalPERS board member Charles Valdes, who received $38,600 in campaign donations linked to Alfred Villalobos' placement firm.
- MVision urges rethink of proposed SEC placement ban
The global placement agent has joined the calls for the SEC to alter a proposed rule providing a blanket ban on soliciting US public pensions.
- Khosla Ventures tops $1bn for two venture funds
The firm, launched by Sun Microsystems founder Vinod Khosla in 2004, raised money from external sources for the first time.
- ILPA unveils guidelines on carry, fees, key-man
CalPERS is on track to be the first LP to publicly endorse the investor-friendly guidelines released by the trade association that represents $1trn of private equity assets.
- CalPERS board member faces ethics probe
Richard Valdes received $38,600 in campaign donations in 2005; much of them tied to placement agent Alfred Villalobos, who since 2006 has secured more than $4bn in CalPERS commitments.
- Maguire to hand back four ex-EOP/Blackstone offices
As part of the US REIT’s efforts to reduce its debt load, Maguire Properties is handing over control of seven buildings once valued at more than $1 billion. The properties were bought between 2004 and 2007. LBA Realty is reportedly taking over one asset, Park Place I.
- Direct ambitions
CalPERS has hired heavyweight talent to develop its infrastructure platform, which may eventually become among the bigger direct players in the market.
- Report: Lone Star may sell KEB stake to CalPERS
The US private equity firm continues its search for an exit from the Korean bank after reported discussions with TPG and Oaktree failed to produce a deal.
- CalPERS-backed CenterPoint proposes $9bn ports deal
The real estate investment firm has submitted an unsolicited bid to Virginia’s Secretary of Transportation seeking an unprecedented 60-year concession agreement with the Port of Virginia. If approved the offer would force the launch a formal bidding process for the port.
- LPs receive help on responsible investment
A United Nations initiative has drafted guidelines to help LPs ask the right questions of their GPs on the subject of environmental, social and corporate governance.