Newsmakers
High Inflation Leads to Expensive Cost-of-Living Adjustments for CalPERS and Others
This will be CalPERS’ biggest increase in pension payments in 32 years.
Tag: CalPERS
Asset Allocation
U.S. Pension Funds Scramble to Figure Out What to Do With Russian Investments
Colorado has already divested from its Russian investments, while CalPERS, CalSTRS and others mull their options.
Manager Selection
CalPERS Appoints Nicole Musicco as Chief Investment Officer
Her background includes private investment firm RedBird Capital Partners and the Ontario Teachers’ Pension Plan.
Newsmakers
Private Equity Drove CalPERS’ Strong Q4 2021 Returns
The pension fund reported 1.2% returns over its benchmark for calendar year 2021.
Newsmakers
CalPERS Board President Henry Jones Resigns, Theresa Taylor Elected as New President
The new board president is ‘really big on ESG,’ according to an ex-board member.
Newsmakers
CalPERS’ Project to Measure ESG in Private Equity Has 100 Organizations, $8 Trillion Participating
Environmental, social, and governance investing is notoriously difficult to measure in a private equity context.
Newsmakers
CalPERS Considering Selling Up to $6 Billion in Private Equity Stakes
The report comes after the fund said it would increase its allocation to the asset class.
Newsmakers
Who Are the New Candidates for CalPERS’ Spring 2022 Special Board Election?
One candidate has a background in tax assessment, while the other comes from public transit.
Manager Selection
CalPERS Holds Second-Round Interviews for New CIO
The pension giant has been without a chief investment officer since August 2020.
Special Report: Tips From CIOs and Managers to Avoid Greenwashed Investments
Top CIOs suggest questions to ask when building your theses.
Manager Selection
CalPERS Seeks Private Equity Investment Director
The pension giant is looking for candidates to oversee its co-investment program.
Newsmakers
CalPERS to Bring in Consultant Lenox Park to Help Diversity Efforts
The firm is expected to assist with collecting data on emerging managers.
Newsmakers
Pressure Mounts on CalPERS to Ditch Fossil Fuels
One public commentator accused the pension fund of investing in ‘merchants of death.’
Risk
CalPERS Board Votes to Increase Portfolio Leverage, Maintain 6.8% Discount Rate
The move is indicative of increasing risk-taking among pension funds across the country.
What’s Both Cool and Hot? Wind and Solar Power Investments, Allocators Say
Seeing lush future profits, institutions are diligently investing in these two renewable energy sources.