California State Teachers' Retirement System related stories
All articles and analysis
California politicians reschedule emerging manager hearingA follow-up hearing on CalPERS’ and CalSTRS’ efforts around emerging manager programmes that will be led by California State Senators Curren Price and Gloria Negrete McLeod has been rescheduled for January, 2013.
- CalPERS to host emerging managers workshop
Amid criticism that CalPERS has moved away from its emerging managers strategy, the system announced a series of workshops dedicated to emerging managers.
- CalSTRS removed from emerging managers workshop
The California Public Employees’ Retirement System will go it alone on an emerging manager workshop that had been billed as a joint effort with the California State Teachers’ Retirement System.
- CalSTRS adds $250m to emerging managers programme
The $153.7bn retirement system has re-upped $250m with its new and next generation private equity programme, which is managed by Invesco Private Capital.
- CalSTRS discusses limits for managed accounts
The $153bn retirement system may set a $500m maximum on individually managed accounts, according to an investment policy proposal.
- CalSTRS prepares for customised accounts
The pension system, with $144.8bn in assets, is altering its private equity investment policy to allow for investments in separately managed accounts, a model that appears to be gaining popularity among large institutions.
- Summit Partners closes $2.7bn growth fund
The Boston-based firm has closed its eighth growth fund after nine months on the market, and also closed its third venture fund on $520m.
- First Reserve in JV with renewable firm
The specialist energy-focused firm has teamed up with Spain’s Renovalia Energy to target wind projects across Europe and North America.
- CalSTRS searches for private equity consultant
The pension system re-bids the private equity consulting contract every five years. The contract is held by Pension Consulting Alliance until June 2012.
- CalSTRS awards PE staff $130k in bonuses
The $146bn retirement system awarded nearly $1.8m in bonuses to its investment staff after posting its highest returns in 25 years.