‘CalPERS Direct’ Isn’t Exactly Direct
Top officials say CalPERS will be part of two investment partnerships with general partners, but won’t own a stake in them.
Manager Selection
Kentucky Pension System Seeks New CIO
The organization wants a permanent chief to replace David Peden, who left two years ago.
Hedge Fund Tells Kentucky Pension to Take a Hike
Davidson Kempner Capital Management takes issue with state’s code of ethics.
CalPERS Boosts Pay for Next CIO, CFO
Retirement system hasn’t been attracting enough top talent with current pay package.
Britain’s Pension Protection Fund Names Risk Officer, Head of ESG
New CRO comes off of an eight month career break following 21 years at insurer.
Ontario Teachers’ Burgess to Head Infrastructure & Natural Resources Division
April shakeup led to Burgess’ promotion and the current CIO hunt for the fund.
New CIO for California’s Kern County to Start Monday
Fund’s investments had been managed by consultants since August.
CalSTRS Vexed over Plan Aimed to Promote Diversity Among Fund Managers
CIO aims to fix program that hired young, female, and minority managers, whose returns are sub-par.
CDPQ to Expand In-House Private Equity Team
Pension aiming to cut outside PE costs, boost Singapore office.
Organizational Changes, New Roles Created for Australian Future Fund
Changes made to simplify structure, focus on performance.
Former Congressman Named Chair of POWER Pension Coalition
Lack of Congressional reform could tank 100 multiemployer plans.
South Korea Pension Fund Launches CIO Search
Third-largest pension fund has been without permanent CIO since July.
CalSTRS Expands ESG Program, Approves Seven New Money Managers
Firms eligible include Al Gore’s Generation Investment Management.
McCormick to Become CEO of BAAM
J. Tomilson Hill will become chairman of Blackstone Alternative Asset Management.