California Public Employees' Retirement System related stories
All articles and analysis
Darby takes over Dresdner’s CEE fundDarby Overseas Investments has acquired the management company of Dresdner Kleinwort Benson Emerging Europe, a $220m vintage year 2000 partnership.
- CalPERS head warns of PE market ‘bubble’
Speaking at a Geneva-based conference, the pension giant’s chief investment officer Mark Anson said the US private equity market may be in peril as interest rates rise and hedge funds pour money into the sector.
- Carlyle rakes in $5bn for US fund
The global buyout firm has reached a $5bn first close for its fourth US buyout fund less than three months after the launch of fundraising.
- Paladin closes $235m homeland security fund
Washington DC-based Paladin Capital Group’s second fund will focus on early- and mid-stage venture capital investments, although the firm will consider buyout opportunities.
- Hellman hires World Bank exec
San Francisco-based Hellman & Friedman has brought on Jeffrey Goldstein, former CFO of the World Bank, as managing director.
- Open records group posts CalPERS data
A California public-disclosure advocacy group is highlighting fees paid to private equity firms that it describes as politically connected to the public pension.
- GE’s BPO units attract PE backing
General Electric has sold a 60 percent stake in its Indian business processing operation to US private equity houses General Atlantic and Oak Hill for $500m.
- CalPERS cuts private equity allocation by 1%
California Public Employees Retirement System (CalPERS), the largest pension fund in the US, has announced its intention to increase its allocation to shares while decreasing its exposure to private equity and real estate.