California State Teachers' Retirement System related stories
All articles and analysis
California bill on fee disclosure clears early hurdlesA bill that would require GPs to provide detailed fee information to state pensions has passed the first stage of state scrutiny.
- California proposes bill mandating PE fee disclosure
Proposed by state assemblyman Ken Cooley and backed by treasurer John Chiang, the bill would not only require GPs to provide detailed fee information to state pensions, but would also require pensions to disclose that information to the public.
- PetSmart distributes $800m to BC Partners and co-investors
The British PE firm is returning capital to investors less than a year after its $8.7bn acquisition of the US pet products retailer.
- California Controller calls on SEC to mandate ILPA template
Betty Yee, who serves on both the CalPERS and CalSTRS boards, urged SEC Chair Mary Jo White to take action in order to increase fee transparency for private equity investors.
- BC Partners launches €7bn Fund X
The firm has sent a PPM to investors for its latest vehicle.
- CalSTRS cheque takes Ardian Fund IV to €2.65bn
The French fund manager has brought in €900m from first-time LPs with re-ups from existing investors exceeding the €1.45bn raised for its previous fund.
- CVC acquires Indonesian consumer goods company
The transaction, made through CVC Asia Pacific Fund IV, is the firm’s fourth in Indonesia.
- Bain Capital to sell stake in Jupiter Shop Channel
The investment in one of Japan’s leading retail broadcasters was made through Bain Capital Asia Fund II.
- OrbiMed closes sixth flagship fund on $950m
OrbiMed’s most recent investment was earlier this month when it participated in a $53 million Series B financing for ORIC Pharmaceuticals.
- Snapshot: CalSTRS’ private equity chief talks fees
The ‘real’ story behind fees and their evolution were among topics PEI discussed in Sacramento recently with CalSTRS’ head of private equity, Margot Wirth.