CalPERS wants PE revamp to move quickly
The board of CalPERS is still wrestling with issues such as pay and level of control over its new private-equity entity. Meanwhile, opportunities could slip away if the launch is delayed.
The board of CalPERS is still wrestling with issues such as pay and level of control over its new private-equity entity. Meanwhile, opportunities could slip away if the launch is delayed.
The $350 billion CalPERS is under time pressure to find the right formula on compensation - competitive but not an incentive for excessive risk - as key investment roles remain vacant.
Ontario Teachers must pay well to attract talent for in-house management, but its results are worth it. The fund's ways of linking remuneration to performance hold lessons for the world.
California Public Employees’ Retirement System CIO Ted Eliopoulos revealed in an interview that the pension giant sees ‘an opening’ caused by private companies taking longer to list.
The $357 billion pension plan will examine aligning its portfolio with the UN’s SDGs, which would give the fund’s ESG engagement a more keen focus on social objectives such as ending poverty.
The $350 billion California Public Employees’ Retirement System’s new portfolio will look more like the current one than other options. The pick balanced portfolio risk with liability concerns.
Asset Allocation