CalPERS Rejects Pay Packages for 43% of US Companies
Plan launches second initiative aimed to increase independent board members at Japanese companies.
Tag: CalPERS
Institutional Investors Attack Climate Change by Responsible Investing
Representatives of pension plans and asset managers describe effort to Invest in ESG strategies at annual Principles of Responsible Investing conference.
CalPERS Hits It Big with Infrastructure Returns
The program, however, represents just a little more than 1% of CalPERS’s AUM.
New Private Equity Model Could Push CalPERS Up in Global Ranks
Preqin data shows California system could become fourth-largest PE investor.
Exclusive: An Inside Look at CalPERS’s New Direct Private Equity Organization
Investments of $20 billion in two CalPERS-backed independent pension organizations would change the face of institutional investing in private markets.
CalPERS Consultant Defends Forestland Sale
The pension lost around $500 million as it sold most of its portfolio.
Corporate Moves
CalPERS Names New Controller
Michele Nix formerly was director of finance at the city of Columbia, Missouri.
CalPERS CIO Orders Active Risk Review
Ted Eliopoulos wants to know whether the largest US pension system is being rewarded enough for its investment risk taking.
CalPERS Advisor: As Tech Startup Model Shifts, Direct Investment Model Makes Sense
Fewer IPOs mean operational efficiencies rather than leverage become more important for private equity portfolio company exits, Sonsini says.
Newsmakers
CalPERS Cuts Most of Its Forestland Investment Program
Eighty percent of plan’s timber portfolio was sold at a large loss last month.
CalPERS Wants to Hire New Real Estate Managers
Experience wanted, but not too much experience. The idea is to identify promising managers with room to grow.
CalPERS on the Hunt for Renewable Investments
New investment sustainability director bullish on ‘boring’ clean energy opportunities.
CalPERS Moves Closer to Naming New CIO
Approval for new private equity direct investment organization could also be only several months away.
CalPERS Earns 8.6% for Latest Fiscal Year
Pension results were just under its custom benchmark, missing the mark by six basis points.
California Comptroller Concerned over Capital for Underserved Areas
Board questions how CalPERS can still help areas after end of California Initiative.