Home Pension plans

pension plans

Five takeaways from CalPERS’ investment committee meeting

The $362bn pension plan laid out its plans for its direct investment programme and named an interim CIO.

PSP eyes 2019 opening of Hong Kong office

The C$153bn Canadian pension will open its first office in Asia next year and plans to build a broader portfolio of managers in the region.

Investors warn over impact fund ‘greenwashing’

As impact strategies grow in popularity, pressure is growing on fund managers to talk up their social benefits, LPs say.
New York City Hall

NYCERS: ’10-year limited partnerships are here to stay’

Direct investing is not a strategy suitable for all institutional investors, according to David Enriquez, co-head of private equity at New York City Employees' Retirement System.

CDPQ launches $3bn JV to hold assets for up to 15 years

The Canadian pension has teamed with Generation Investment Management and will target companies with strong ESG attributes.

CalPERS board gives go-ahead for PE policy revamp

The pension has changed the way it calculates investment limits and eliminated the category of 'direct investments'.

The rise of individual investors: defined contribution products

Incorporating private equity into defined contribution pension plans has proven a real test of the industry's imagination and will.

APG to build in-house secondaries team

The Dutch asset manager's new unit will be led by Abraham Tiamiyu, a portfolio manager and former associate at Pomona Capital.

CalPERS proposes changes to PE investment policy

Staff will seek feedback on proposed simplifications to its PE programme policy, including scrapping the CIO’s ability to approve increases in capital commitments to SMAs.

CalPERS’ CIO exit is latest in executive departures

Ted Eliopoulos, who has been at the US's largest public pension for more than one decade, will step away by the start of 2019.

Copyright PEI Media

Not for publication, email or dissemination