California Public Employees' Retirement System related stories
All articles and analysis
- Cash in, cash out
Cash flow management has always been a fluid blend of art and science. Recent currency movements have added a new layer of complexity for fund administrators. David Snow goes with the flow
- Gemini closes $200m Israel tech fund
The Israel venture capital firm continues to focus on seed and early-stage IT investments.
- 3i joins AlpInvest in German car company
Acquiring a minority stake in Novem Car Interior Design has pushed 3i's total investment in Germany this year to €270m.
- CalPERS’ private equity returns set a record
The alternative investment assets of California’s public retirement fund grew by 12.7 percent, with private equity generating a $1 billion profit in the last fiscal year.
- CalPERS sued to disclose management fees
The California pension giant has been sued by a non-profit group to reveal how much it pays in fees to private equity firms.
- Hellman closes fifth fund on $3.5bn
San Francisco-based Hellman & Friedman has also announced the opening of a London office led by managing director Patrick Healy.
- Enterprise closes €300m central European fund
Alpinvest, CalPERS and the EBRD are among the institutions that have signed up for Enterprise Investors’ fifth and largest fund to date.
- CalPERS’ Hayes leaves for Oak Hill
Rick Hayes, the head of CalPERS’ huge and influential private equity programme, has resigned to lead a fund of funds business for Oak Hill Capital Management, the alternative investment firm affiliated with oil billionaire Robert Bass.
- Hayes successor at CalPERS announced
Leon Shahinian has been appointed senior investment officer for CalPERS’ influential $20bn alternative investment programme, replacing previous incumbent Rick Hayes.