Newsmakers
Breaking News: CalPERS Board President Henry Jones Beats Challenger
Jones beat former board member J.J. Jelincic in a heated race that dealt with CalPERS investment policy and past sexual harassment charges
Tag: CalPERS
CalPERS Picks Local Real Estate Manager
New developer announced a week after the fund terminated the previous developer’s contract.
Risk
California Pensions Could Be Mandated to Divest from Turkish Assets over WWI Atrocities
Legislation condemning Turkey for its failure to recognize the Armenian Genocide would result in California divestments.
CalPERS Commits More than $3 Billion to Real Estate
Among the commitments was $30 million to real estate firm CIM to develop an office building in downtown Sacramento. CalPERS announced last week that it had terminated its relationship with CIM in the failed project.
CalPERS, Wellington Launch Climate Risk Evaluation Framework
Guide aims to help firms assess, disclose climate change risks to their business.
CalPERS Terminates Real Estate Partner In Development Plan
CIM is out after nine years of failed efforts to develop a vacant lot in downtown Sacramento into an office tower. What’s next for the site is unclear.
Newsmakers
Exclusive: How a More than $50 Billion Bet Boosted CalPERS Returns
A large move into equity factor investing was key for largest US pension.
Corporate Moves
California Gov. Puts Lendistry CIO on CalPERS Board
Stacie Olivares-Castain’s background is on impact investments, blockchain, and advisory services.
Newsmakers
GPIF CIO: Global Synchronicity is Killing Diversification
CIO of world’s largest fund says no place for investors to hide in downturn.
CalPERS Introduces New Trust Portfolio to Ease Employers’ Woes
State delivers a unique avenue for employers to mitigate contribution volatility.
CalPERS Heads Toward Restructuring Investment Committee
Board’s governance committee gave first approval Tuesday night to a plan that reduces the size of the investment committee and the number of meetings.
Major Restructuring of CalPERS Investment Committee Could Become a Reality
A plan would reduce investment committee members and the number of meetings. It is being objected to by at least one board member.
CalPERS Board Member Wants Internal Investigation into Leaks Made Public
Margaret Brown says she is not the one leaking information to the press about confidential CalPERS matters.
A Proposed CalPERS Board Code of Conduct Is Still Generating Controversy
The policy has the support of the majority of board members but others argue the vague language can be used against board members who dissent.
Regulation
CalPERS Board Considers Gag Policy
Once investment decisions are made, board members would be prevented from talking to the press and expressing their views at board meetings.