Exclusive: Eliopoulos Discusses Details of CalPERS SoftBank-Styled Plan for PE and VC
Critics express fiduciary concerns.
Newsmakers
Crypto Exchange Coinbase Expands into Institutional Market
The platform will offer digital asset storage, research, and trading.
Exclusive: CalPERS to Announce Direct Investment Program
‘CalPERS Direct’ would help largest US fund to bypass high fees.
Greece’s Latest Round of Pension Cuts Are Revealed, so Top Judge Quits
After news leak, jurist skeptical of reductions retires early in protest.
League Urges CalPERS to Find Ways to Exceed 7% Return Projections
Spokesman said cities will not be able to pay monthly contributions if returns are that low.
Hawaii ERS Strengthens ESG Goals by Joining UN-Backed Commission
Fund expected to boost impact allocations over the long term.
Upon CIO’s Departure, CalPERS Has some Big Shoes to Fill
Eliopoulos' leave comes at a crucial time for the mega pension fund.
Breaking: CalPERS’s Ted Eliopoulos to Step Down
CIO plans to spend more time with family, fund will conduct a national search for his replacement immediately.
A New Generation of Hedge Funds Can Provide Stability
Australia’s sovereign wealth fund CIO is betting hedge funds can help reduce risk.
CalSTRS Ponders Collaboration for Private Market Investments
Ailman says efforts under discussion with three West Coast and three global pension plan officials.
University of Michigan Responds to Endowment Conflict of Interest Reports
University hires PricewaterhouseCoopers to conduct internal audit.
CalSTRS to Put Pressure on Gun Retailers
New plan would force Kroeger, Walmart to pull firearms from shelves or face divestment.
A.G. Beshear Gets Witness Thrown Out in Kentucky Pension Case
Republican Gov. Bevin attacks judge as a biased Democrat.
Hedge Fund Manager Sentenced to Six Years for Fraud
Yasuna Murakami ordered to pay $10.5 million in restitution for running Ponzi scheme.
New Accounting Rules Trigger a Paper Loss for Berkshire, but Buffett Says It’s OK
Company has $110 billion ready to make a large cash acquisition.