CalPERS has been doing everything it can to keep new board member Margaret Brown from seeing recent closed session transcripts, including cooking up completely bogus, secret charges against her.
Read more...CalPERS plans to take a big step backwards in terms of governance and credibility via getting rid of transcription of board meetings, when the cost is a pittance compared to the benefits.
Read more...Presenting our plan to make the record of CalPERS’ past and ongoing board meetings accessible to the public via a transcript portal.
Read more...More evidence that CalPERS is making a hugely important and costly decision in a cavalier, even reckless, manner.
Read more...Why CalPERS’ private equity outsourcing scheme is likely to leave the funds’ beneficiaries and California taxpayers worse off.
Read more...Why Wilson Sonsini’s not-obvious role at CalPERS is another red flag for CalPERS’ private equity outsourcing scheme.
Read more...CalPERS continues to be lousy at market timing.
Read more...CalPERS is about to embrace yet another bad investment idea.
Read more...How CalPERS’ fiduciary counsel encouraged its board to pressure its actuary to produce more politically-convenient results.
Read more...Yet another example of the culture of casual lying at CalPERS and the deep-seated effort to neuter its board.
Read more...A case filed at the end of last year, Mayberry v. KKR, hasn’t gotten the attention it warrants. The suit, which we’ve embedded at the end of this post, was filed on behalf of the beneficiaries of Kentucky Retirement Systems (KRS), the state’s public pension fund and its taxpayers, against Blackstone, KKR/Prisma, and PAAMCO for […]
Read more...Gubernatorial candidate John Chiang looks more loyal to private equity than he does to California voters and CalPERS beneficiaries.
Read more...CalPERS looks to be handing the private equity keys to BlackRock in a breathtakingly crooked process.
Read more...What makes a board effective?
Read more...Incoming CalPERS board member Margaret Brown dishes out some straight talk on where the giant pension fund needs to shape up.
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