Newsmakers
Chris Ailman Bids Farewell at Final CIO Report
The investment chief, retiring this summer after more than 24 years at CalSTRS, lists hopes and worries.
Tag: California Teachers’ Retirement System
Pensions
CalSTRS to Hold Second Round CIO Interviews at the End of April
The fund expects to have a candidate named by July.
Regulation
CalSTRS Focuses on Curbing Methane in 2024 Proxy Season
The giant pension fund has a history of pushing for environment-oriented goals.
Pensions
CalSTRS to Hold CIO Interviews Next Week
The CalSTRS search committee will meet on April 11 as it continues the process of hiring a successor for CIO Chris Ailman.
Asset Allocation
CalSTRS, HESTA Invest in Generate Capital’s Sustainable Infrastructure Platform
The institutional investors join AustralianSuper, among others, in the latest capital raise, which brought in $1.5 billion.
Pensions
CalSTRS Begins Search for Next CIO
A job posting lists requirements for Chris Ailman’s successor.
Pensions
CalSTRS Board Approves Plan to Increase Portfolio Leverage up to 10%
The pension fund would be able to borrow as much as $30 billion to mitigate potential market downturns.
Newsmakers
Chris Ailman Wins CIO’s 2023 Lifetime Achievement Award
The CalSTRS investment chief, a masterful financial strategist and well-regarded collaborator with peers, receives the honor at CIO’s Industry Innovation Awards.
Asset Allocation
CalPERS’ Private Equity Allocation Remains Nearly $7B Under Target in Q3
The New York State Common Retirement Fund recorded the largest overallocation among global pension funds at $11.7 billion.
Pensions
CalSTRS Punishes Directors at More Than 2,000 Firms for Weak Climate Risk Disclosure
The $315.6 billion pension giant expects portfolio companies to disclose Scope 1 and 2 emissions, at a minimum.
Asset Allocation
Public Equities Buoy CalSTRS’ 6.3% Investment Return for Fiscal 2023
The pension giant’s public equity portfolio returned 16.7% for the year, but the overall portfolio fell short of its 7% target.
What Could Derail Private Credit’s Momentum?
The popular investment may suffer from an economic dip and other changes in the financial scene, critics warn.
Asset Allocation
CalSTRS Winnows Candidate List for China Equities Manager
Pension giant is seeking a better way to implement its China equity exposure.
Risk
CalPERS, CalSTRS, Genworth Among Those Affected by MOVEit Data Breach
Third-party vendor PBI Research Services is blamed for not initially revealing the scope of the hack.
Risk
Due Diligence: Using ESG as a Risk Mitigator
Although seldom apparent in financial statements, environmental, social and governance deficiencies can come out of nowhere and slam investors.