CalPERS is worried about being tainted by its association with Leon Black of Apollo. CalPERS should be a lot more worried about its wallet.
Read more...CalPERS General Counsel Matt Jacob pawed CEO Marcie Frost. Not a good look.
Read more...CalPERS’ long-term care policy mess is even worse than industry norms, which is saying quite a lot.
Read more...CalPERS demonstrates its lack of interest in ethics and propriety.
Read more...Some funny-looking business with CalPERS desire to be rid of National Enquirer’s parent, American Media.
Read more...CalPERS is acting awfully guilty.
Read more...Will reform-minded former CalPERS board member JJ Jelncic be back in the saddle soon?
Read more...Many public pension funds are in a very deep underfunding hole, and too many are resorting to high fee investment strategies that at this point in the cycle are costly hopium. Gordon Hamlin, a pro bono advier to public pensions, sets forth a strategy for the most deeply underfunded state pension, the Kentucky Retirement System.
Read more...Why CalPERS’ private equity “new business model” dithering is looking an awful lot like Brexit.
Read more...Why beneficiaries and California taxpayers should welcome Lisa Middleton replacing Bill Slaton on the CalPERS board.
Read more...A professional fund manager describes why CalPERS’ private equity strategy is irrational.
Read more...As important stakeholders sound alarms, more evidence that CalPERS can’t make an honest case for its “new” private equity scheme and is calling in chips in a big way to cover for that.
Read more...CalPERS still can’t justify its new private equity business model, and has even retreated to calling it just a concept, yet it wants the board to sign a blank check at next week’s meeting.
Read more...Warren Bufett’s own experience calls “Warren Buffet funds” into question.
Read more...Frost’s justifications for CalPERS new private equity scheme becomes more incoherent as time goes on, but that is unlikely to prevent the captured board from giving it a green light.
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