Buyout Firms Meet With CalPERS, Others to Discuss Private Equity
Buyout heads met with investors to discuss the role of
private equity in investment portfolios and the challenges and
opportunities confronting the industry.
Newsmakers
Continued from ai5000 Magazine…Review: Michael Lewis' Big Short
Continued from the March/April issue of ai5000...Michael Lewis' Big Short, Reviewed.
China Automaker Acquires Volvo for $1.8 Billion; Pension Deficit to Reduce Price Tag
China's
Geely Automobiles Chairman Li Shufu vowed to control American and
European markets and now the automaker is making that a reality.
Canada's Largest Pension Acquires British Lottery Operator
The Ontario Teachers' Pension Plan will buy Camelot for $576 million.
Citi to Expand Hedge Fund Advisory Team
The banking giant’s institutional hedge fund advisory team currently
consists of 30 people and plans a majority of its new recruitment in
Asia.
SDCERA Backpedals, Seeks Competing Bids for Investment Outsourcing
The San Diego County
pension Board of Retirement– which two weeks ago was presented with a proposal
by the fund’s CEO to outsource its entire investment staff via a no-bid
contract – today approved a measure that would in fact open up the process to
competing firms.
SDCERA to Meet on No-Bid Outsourcing of Investment Staff
In a Board meeting
scheduled for March 18, the San Diego County Employees’ Retirement Association
will vote on whether to proceed on or further discuss the outsourcing of it’s
investment staff to Lee Partridge’s Integrity Capital, as well as a shift in
asset allocation.
CalPERS Board Removes Shareholder Proposal Limit
The largest US pension fund
voted to
lift the limit on the number of shareholder proposals its staff can
issue and announced plans to increase the accountability of
directors through a majority vote policy.
Transcript: Michael Lewis in Full
ai5000's Joe Flood sits down with bestselling author Michael Lewis to discuss his new book “The Big Short: Inside the Doomsday Machine,” the shifts in Wall Street culture, and today's financial landscape.
Michael Lewis on…the Wall Street Culture Change
Catch the entirety of Michael Lewis' Interrogation, out in ai5000 Magazine in early April.
Michael Lewis on…the Value of Quantitative Analysis
Catch the entirety of Michael Lewis' Interrogation, out in ai5000 Magazine in early April.
Michael Lewis on…Asset Owners Getting Screwed by Big Banks
Catch the entirety of Michael Lewis' Interrogation, out in ai5000 Magazine in early April.
Michael Lewis on…Government Regulation
Catch the entirety of Michael Lewis' Interrogation, out in ai5000
Magazine in early April.
Michael Lewis on…Paul Volcker’s Proposals
Catch the entirety of Michael Lewis' Interrogation, out in ai5000 Magazine in early April.
OMERS Strategic Investments Division Falters
The
division -- established in 2009 and touted as a best-in-class investment
structure for the world's largest pension funds -- severely
underperformed its internal benchmark this past year.