California Public Employees' Retirement System (CalPERS)
J.P. Morgan Chase & Co. reached a $13 billion deal with the Justice Department that ends probes into the bank's sale of mortgage bonds, the largest amount paid by a financial firm in a settlement...
November 19, 2013 | 04:07 pm
CalPERS' investment committee Monday approved changes that will allow Real Desrochers, the senior investment officer, private equity, to increase the size of co-investments made in conjunction with...
November 18, 2013 | 04:07 pm
Members of the CalPERS investment committee Wednesday indicated a preference for a new asset allocation that would put the assumed rate of return in a range of 7.25% to 7.5%. The current assumed rate ...
November 13, 2013 | 04:11 pm
CalPERS' investment staff has concluded it is not feasible right now for the pension fund to switch its benchmark on its roughly $135 billion global equity portfolio.
November 12, 2013 | 04:28 pm
CalPERS doubled bonuses to its staff as the $278.3 billion fund recouped losses suffered in the recession.
November 04, 2013 | 04:04 pm
Oracle Corp. shareholders rejected the pay packages of CEO Larry Ellison and other executives, hewing to the calls by institutional investors and a proxy adviser that said their compensation is out...
October 31, 2013 | 04:24 pm
CalPERS will appeal a judge’s ruling that found the city of San Bernardino eligible to remain in Chapter 9 bankruptcy.
October 18, 2013 | 01:31 pm
CalPERS has condemned a proposal by five California mayors who want to let local governments change retirement benefits for current public workers.
October 16, 2013 | 09:38 am
Under pressure from state lawmakers and groups representing minority and women-owned private equity managers, the $269.1 billion California Public Employees' Retirement System has launched a task...
October 14, 2013
CalPERS will issue an RFP for a managed account investment platform provider as part of the 2013 – 2014 fiscal year strategic plan for its $5.2 billion hedge fund portfolio.
October 10, 2013 | 04:35 pm
CalPERS' so-called focus list program continues to demonstrate “strong evidence of excess returns” for companies targeted by the pension fund to improve corporate governance practices,...
October 10, 2013 | 04:31 pm
CalPERS adopted a set of 10 investment beliefs that provides a framework for investment decisions and alignment between investment committee members and staff.
September 17, 2013 | 03:07 pm
A majority of Dell Inc. shareholders approved the joint proposal by Michael S. Dell, chairman and CEO, to acquire the company for $24.9 billion in partnership with Silver Lake Partners, based on a...
September 12, 2013 | 11:56 am
CalPERS is changing the fund lineup for its Supplemental Income Plans to all passive funds managed by State Street Global Advisors and in-house staff, effective Oct. 7.
September 05, 2013 | 02:46 pm
San Bernardino, Calif., was deemed eligible to remain in bankruptcy by a judge who rejected arguments by the $264.6 billion California Public Employees' Retirement System that the city didn't qualify ...