California State Teachers' Retirement System related stories
All articles and analysis
VIDEO: CalSTRS, CalPERS chiefs speak out on IPOsThe CIOs of two of the world's biggest private equity investors, CalPERS and CalSTRS, tell PEI why they're worried about the growing number of managers going public.
- Friday Letter: Keeping the faith
Two of private equity’s most influential investors this week reported staggering losses in their private equity portfolio values. But their dedication to the asset class remains unwavering.
- Friday Letter Who cares?
PEI’s Responsible Investment Forum this week underscored the rapidly growing momentum now behind the implementation of ESG practices in private equity. But it also flagged the many challenges facing GPs and LPs in pursuing ESG-related goals.
- Friday Letter A glimpse of the future
CalPERS has elected to do away with traditional allocation labels, may push for performance-based fees and prohibit private equity advisors from also managing its capital. Is this a sign of something bigger coming over the horizon? And is it a good or a bad thing?
- Friday Letter Where's my safe eight
The search for yield and publicly listed private equity firms have investors buzzing.
- Friday Letter What’s keeping your LPs awake at night?
An exclusive global investor survey finds not every LP thinks of fees as their No. 1 concern for 2013
- CalSTRS closes 2011 with $506m in commitments
The California State Teachers’ Retirement System bet heavily on Asia, bringing its total allocation to the asset class to nearly $2bn for 2011.
- CalSTRS' lacklustre year buoyed by PE
The retirement system’s $21bn private equity portfolio generated a 5.9% return last fiscal year, outperforming its overall portfolio by 4.1%.
- Altius reaches first close for second FoF
Gatekeeper Altius Associates has held a first close for its second fund of funds on $50m after three months on the fundraising trail.
- CalPERS defends record on emerging managers
CalPERS’ job is not to ‘make managers happy’, CIO Joseph Dear said at a recent hearing, while defending the system’s commitment to emerging managers.