Tag: Gavin Newsom

Regulation October 11, 2023

California Law Aims for More Equitable Distribution of VC Funding

SB 54 will take effect in March 2025 and will require annual diversity reporting, with a goal of increasing the capital available to venture capital firms owned by women and minorities.

Pensions March 13, 2020

Exclusive: CalPERS Separates Board From Public Due to Virus Concerns

Starting Monday, spectators will be confined to the pension plan’s auditorium with directors in a separate room, six feet away from one other.

Asset Management Culture February 13, 2020

Indiana Congressman Calls on CalPERS CIO To Be Fired

Ben Meng is too close to the Beijing regime, says lawmaker Jim Banks, joining earlier attack from Secretary of State Mike Pompeo.

Newsmakers January 22, 2019

New California Governor Aims to Cut CalPERS, CalSTRS Debt

Gavin Newsom’s plan for the two largest US pension plans allocates more than $7 billion to reduce their unfunded liability and help California school districts with their contributions to pension costs.