Pensions
CalPERS Selects Executive Search Firm to Identify New CIO
The system needs to replace CIO Nicole Musicco and hire a fourth lead investor in five years.
Tag: Ted Eliopoulos
Newsmakers
CalPERS In-State Investment Program is Up More than 11%
Meanwhile, plan is winding down its money-losing in-state private equity program.
CalPERS Private Equity Co-Investment Plan Could Be Announced Next Month
CalPERS stopped its co-investment program in 2016. Now CIO Ben Meng wants a restart.
Newsmakers
Ted Eliopoulos Joining Morgan Stanley
The former CalPERS CIO will oversee six investment team leaders and bolster the investment bank’s relationships with its asset owner clients.
CalPERS CIO Leaves Friday, but Replacement Delayed
Ted Eliopoulos is leaving Friday, but new CIO Yu Ben Meng can’t start until January because of a non-compete agreement. Eric Baggesen will become interim CIO.
CalPERS Names Meng New CIO
Start date has not yet been determined.
CalPERS Hits It Big with Infrastructure Returns
The program, however, represents just a little more than 1% of CalPERS’s AUM.
CalPERS CIO Orders Active Risk Review
Ted Eliopoulos wants to know whether the largest US pension system is being rewarded enough for its investment risk taking.
CalPERS Moves Closer to Naming New CIO
Approval for new private equity direct investment organization could also be only several months away.
CalPERS Earns 8.6% for Latest Fiscal Year
Pension results were just under its custom benchmark, missing the mark by six basis points.
California Comptroller Concerned over Capital for Underserved Areas
Board questions how CalPERS can still help areas after end of California Initiative.
CalPERS Boosts Pay for Next CIO, CFO
Retirement system hasn’t been attracting enough top talent with current pay package.
Eliopoulos: Without Direct Investment Model, CalPERS’s Private Equity Class Will Shrink
CIO tells investment committee there aren’t enough top-tier firms to invest in to sustain growth.
Exclusive: Eliopoulos Discusses Details of CalPERS SoftBank-Styled Plan for PE and VC
Critics express fiduciary concerns.
Exclusive: CalPERS to Announce Direct Investment Program
‘CalPERS Direct’ would help largest US fund to bypass high fees.