California State Teachers' Retirement System (CalSTRS)

Fort Myers pension fund sues over Willis Towers Watson merger

Courts -

Courts -

A Fort Myers pension fund filed a lawsuit against the Willis Towers Watson CEO and former members of the board of predecessor firm Towers Watson & Co.
Walmart's 10% stock drop spells trouble for its 401(k) plan

Markets -

Markets -

Walmart Inc.'s stock dropped 10.18% on Tuesday to $94.11 per share, causing a large impact on its 401(k) plan.

Searches and Hires -

Searches and Hires -

CalSTRS committed $250 million to a private equity feeder fund-of-funds strategy to invest in U.S. inner cities or other underserviced markets.
CalSTRS forms committee to replenish pool of executive search firms

Pension Funds -

Pension Funds -

CalSTRS is forming an ad hoc committee made up of two board members to help conduct a search to refresh its executive search firm pool.
BlackRock looking to raise $10 billion for longer-term private equity strategy

PRIVATE EQUITY -

PRIVATE EQUITY -

BlackRock is shopping a new all weather-type perpetual private equity investment vehicle with a $10 billion fundraising target.
CalSTRS panel lays out options for pension fund to expand alts capabilities

PENSION FUNDS -

PENSION FUNDS -

Investing in alternative investments "is not a fair game," Ashby Monk told the CalSTRS' investment committee during a panel on ways to expand alternative investments.
California governor candidates dodge pension cuts Brown foresees

PENSION FUNDS -

PENSION FUNDS -

California Gov. Jerry Brown said his successor likely would be able to cut public pension benefits when state finances sour, but is that likely?
Funds jittery over stock market put their faith in alternatives

ALTERNATIVES -

ALTERNATIVES -

Defined benefit plans among the largest U.S. retirement plans boosted investments in alternatives in the year ended Sept. 30.