Investment director to become interim COIO during replacement search.
Deal made through Gulf Pacific Power account.
Board members float four possible paths to change portfolio structure; employers worried about higher pension payments.
Proposed changes would maintain the portfolio's heavy tilt to global equities, while likely increasing investments in fixed-income.
Committee proposes a reduction in benefits for state workers in two delinquent districts.
Former infrastructure consultant, real estate consultant named as potential immediate replacements.
Discussions in preliminary stage, source says.
Requests each company develop and disclose policies, implement plans.
$330 billion system boasts about its influence on corporate governance of public companies.
Transparent California’s report notes more than 850 six-figure CalPERS retirees in Santa Clara County.
CalPERS still analyzing data.
20-year agreement to help demonstrate the program’s greenhouse gas reduction opportunities, cost-effectiveness.
The legal groups claim investment money violates President Trump’s fixed salary mandate.
Strong equity gains of 19.7% drive funded ratio up 3% to 68%.
Pension looking for successful early-stage managers who no longer fit its “Emerging” category.