CalPERS is preparing to restart its search for a new CIO later this summer, after having suspended the recruitment effort in March.
CalPERS could change how it calculates tracking error, which would eliminate private equity and real assets from its measure.
Los Angeles County Employees Retirement Association's board adopted a new asset allocation, increasing illiquid assets to 32% from 19%.
Los Angeles City Employees' Retirement System adopted a new asset allocation, increasing private equity by 2 percentage points to 16%.
Los Angeles Fire & Police Pensions voted to retain Brandes Investment Partners, which manages $1.1 billion in active international equities.
Susie Ardeshir was named executive director and CIO of Arlington County Employees' Retirement System, the first woman to hold the posts.
After nearly 20 years as CalSTRS CEO, Jack Ehnes is retiring and reflecting on his tenure at the nation's second largest pension fund.
CalPERS board voted to add a long-term incentive plan to the compensation package for its CIO position, starting with the 2022 fiscal year.
CalPERS had reduced the number of finalists for its next CIO to three, but the fund has suspended its search without making an offer.
CalPERS board revised its policy on misconduct by senior executives to mirror the informal process that's been used by CEO Marcie Frost.
Los Angeles Fire & Police Pensions saw a similar net return for its specialized private equity program as its core private equity portfolio.
CalSTRS officials revised a policy to add alternative investments to the fund's sustainable investment and stewardship strategies portfolio.
CalPERS board may weigh a move to modify the rules governing how the fund hires, evaluates and terminates its CIO.
CalPERS and CalSTRS are wrestling with COVID-19 impact, staffing and moving their plans forward post pandemic.
CalPERS officials are in the midst of interviewing CIO candidates and expect to name Yu "Ben" Meng's replacement in the first quarter.
South Korea's National Pension Service has entered into a $1.5 billion joint venture with real estate investment firm Hines.
Anne Simpson has been named managing investment director of board governance and sustainability at CalPERS.
A Pennsylvania fund won’t consider new investments with Apollo due to investigations over Leon Black’s ties to Jeffrey Epstein.
James Sterling Gunn will join CalPERS on Oct. 12 as its new managing investment director of the trust level portfolio management program.
A CalPERS committee wants to see further research on a proposal to remove financial conflicts.
Outperformance of assets, including private equity, only begin to be seen after about a decade, a CalPERS report suggests.
New adjustments could increase the board's oversight role in the wake of the resignation in August of former CIO Yu "Ben" Meng.
A group asked CalPERS board President Henry Jones to resign, saying he tried to conceal former CIO Yu "Ben" Meng's "unlawful behavior."
CalPERS CEO plans to move forward on private market initiatives championed by former CIO Yu “Ben” Meng as she searches for his replacement.
New Mexico Educational Retirement Board delegated to the staff the selection of investment managers and consultants, with one exception.