Newsmakers
CalPERS Hires June Kim Away From CalSTRS as Deputy CIO for Public Markets
Kim will make the move on December 1 and take the spot previously held by Dan Bienvenue, who left in April.
Tag: California Public Employees’ Retirement System
Pensions
CalPERS Reports 11.6% Return in Fiscal 2025
Private equity delivered double-digit returns for America’s largest pension.
Newsmakers
CalPERS Seeks Capital Markets Deputy CIO
The individual will oversee the California pension’s publicly listed investments and will succeed Dan Bienvenue.
Manager Selection
CalPERS, CalSTRS to Host Emerging, Diverse Managers Conference
The two-day forum will be held in Sacramento in May.
Newsmakers
CalPERS’ Deputy CIO Dan Bienvenue Leaving in April
The longtime investment staff leader is joining General Atlantic to lead pensions solutions offerings.
Asset Allocation
Report Claims CalPERS’ Sustainability Portfolio Runs on Oil
However, the largest pension fund in the U.S. says the pro-investment approach is more effective than divestment.
Pensions
Stanford Launches 2nd Long-Term Investing Fellowship Cohort
The one-year rotational program will see fellows learn, research and work at Stanford and the California Public Employees’ Retirement System.
Asset Allocation
CPPIB Leads Global Pension Funds With $144B Allocated to Private Equity
The 20 pension funds with the largest private equity allocations committed $708 billion during the first 10 months of 2024.
Asset Allocation
CalPERS Reaches $53B in Climate Solutions Investments
The fund aims to make $100 billion in such investments by 2030 through its climate action plan and sustainable investments strategy.
How Investors, Public Companies View SEC’s Cybersecurity Disclosure Requirements
Disclosure requirements can be a hassle for companies, but investors seek to understand material risks.
Pensions
Pressure Mounts on Public Pension Funds to Divest Chinese Investments
State and federal legislation aims to prohibit public funds from investing in the country.
Alternatives
As Mega Alts Funds Appear, Emerging Managers Face Bigger Hurdles
But allocators point to opportunities they find when investing with smaller, newer firms.
Pensions
CalPERS Announces 9.3% Return in Year Ending June 30
Equities, which comprise 41.9% of the fund's portfolio, led the way with a 17.5% return.
Asset Allocation
CalPERS Increases Climate-Related Investments by Nearly $10B
Approximately half of the new investments will be in public equity, with the rest going into private markets.