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: Theresa Taylor
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.
Pensions
Five CalPERS Board Members Take Sides in Election Race
Margaret Brown, a frequent critic of investment staff and the board, is up for re-election—and some of her peers are supporting her opponent.
Alternatives
CalPERS’ In-House Private Debt Program Is Dead
A California legislative committee killed a bill that would have allowed the pension system to hand out loans without full public disclosures about the borrower.
Asset Allocation
CalPERS Reports Preliminary Return of 21.3% for 2020-21
The strong performance triggers a reduction in the assumed rate of return to 6.8%.