Private Equity
The $19.2bn pension's consultant stressed that the PE program's apparent under-performance is due to public market volatility, a common issue faced by LPs.
3 min read · 29 September 2020
“While no one in the leadership team is going anywhere soon,” Northleaf managing director Jeff Pentland told Buyouts, “we want to start thinking about succession planning now rather than 10 years from now."
3 min read · 22 September 2020
The $414bn pension fund's interim CIO and PE consultant both came out against any pause in the program following the departure of former CIO Ben Meng.
3 min read · 17 September 2020
Interim CIO says Q2 valuations have shown improvement over the fund's Q1 numbers, but will not be finalized until the end of this quarter.
2 min read · 16 September 2020
CalPERS staff suggested plans to create two in-house investment funds were still 'moving forward,' but there was nothing to announce yet.
4 min read · 15 September 2020
The $111.5bn pension can now make co-investments in public companies, stretch into emerging markets and potentially take controlling interests in companies.
2 min read · 10 September 2020
The $111.5bn pension's private markets committee approved the contract, but the full board will decide at its September 17 meeting.
1 min read · 08 September 2020
'Climate risk is real. Even if you have a fluorescent green portfolio you will still incur climate risk.
3 min read · 04 September 2020
The vast majority of the portfolio is still fund commitments, but the $262bn pension is planning to grow its co-investment strategy in the future.
2 min read · 02 September 2020
The Retired Public Employees' Association of California wrote a letter complaining about Jones' handling of the investigation into former CIO Ben Meng's personal investments.
4 min read · 02 September 2020
