Poor equity performance is the biggest risk for the largest US pension plan, review shows.
Canadian pension plan is aiming for a more global venture capital program.
Ben Meng says it’s essential for the plan to build a new private equity organization to meet return projections.
Elisabeth Bourqui hires lawyer who represents workers in their disputes with employers, including wrongful termination cases.
Ben Meng wants to see how the largest US pension plan can use its advantages to maximize returns.
Gavin Newsom’s plan for the two largest US pension plans allocates more than $7 billion to reduce their unfunded liability and help California school districts with their contributions to pension costs.
GCM Grosvenor will oversee private equity emerging managers.
Jason Perez is also skeptical about ESG investing, a focus that most individuals on the CalPERS board support.
Two former Silver Lake officials could have a future at the CalPERS-backed investment organizations.
Pension officials hope more flexibility to invest in international infrastructure projects in developed countries will give the program more diversification and help results.
Official says system could easily commit $10 billion in just five years via direct investment organization.
Nokia, Nordea Bank lead list of 13 firms with potential ties to African nation.