CalPERS

Fixed Income

CalPERS prepares for market dislocation

CalPERS' CIO Ben Meng is preparing for a market dislocation by ensuring the $354 billion pension fund has enough dry powder on hand to take advantage of a drawdown. A liquidity management action plan is a top priority for the fund.

Sarah RundellJune 24, 2019

Private Equity

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.

Amanda WhiteMay 3, 2019

Strategy

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.

Sarah RundellFebruary 26, 2019

Organisational Design

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.

Amanda WhiteDecember 12, 2018

FIS Stanford 2018

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.

Sarah RundellOctober 9, 2018

Events

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.

Sarah RundellSeptember 13, 2018