CalPERS wants PE ideas for new entity
The CalPERS’ board has approved the first step in the creation of a new private equity model, and now the fund’s CEO, Marcie Frost, is looking for advice on how to structure such an entity.
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Tough times greet new CalPERS CIO
Ben Meng isn’t easing into his role. The new CIO of CalPERS faces three new board members, a stressed private equity program and executive turnover, all under the pressure of a 70 per cent funded status and a maturing membership at the $340 billion fund.
New CIOs at NZ Super, NYC and CalPERS
NZ Super, New York City’s Bureau of Asset Management and CalPERS have all named new CIOs. Here's what you need to know about them.
CalPERS shake-up may delay PE plans
The surprise ousting of CalPERS board president Priya Mathur heralds a leadership shake-up that could place final approval of an expanded private equity program on hold.
Investors find low-carbon opportunities
Leading investors are moving forward on climate change by pouring funds into sustainable investments and applying energy-saving strategies to assets already in their portfolios.
CalPERS manages outsized equity risk
The $335 billion California Public Employees' Retirement System warned this week that it is greatly exposed to a downturn in global equity markets, as it prepares to monitor active risk closely.
Private Equity