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Showing 191 - 200 of 267 results for "California"

CalPERS shifts $1bn to GID

ELISE BURGESS  |  TUESDAY, 5 OCT 2010
... consolidated its $1.1 billion core multifamily apartment portfolio to long-term partner GID Investment Advisers LLC (GID). The California Public Employees' Retirement System (CalPERS) said that it made the decision to advance its real estate restructuring ...

Corrupt city officials face pension freeze

RUTH LIEW  |  MONDAY, 2 AUG 2010
... week, Attorney General Edmund Brown subpoenaed hundreds of employment, salary, and contract records in the city in California called Bell. The city's top officials were also subpoenaed. These are part of an investigation to determine whether civil or ...

US fin reforms win pension fund support

MEDIA RELEASE  |  THURSDAY, 22 JUL 2010
... agencies more accountable for their ratings and imposes tougher requirements on hedge funds. The $233 billion-plus California Public Employees' Retirement System said the reforms as "an historic step toward protecting markets and advancing shareowner ...

Lessons from US pension funds in crisis

MICHELLE BALTAZAR  |  MONDAY, 21 JUN 2010
... to close the liability gap. The report also found that the state with the biggest absolute level of underfunding is California, with underfunding of approximately US$475 billion by the authors' calculations. The state did not make the top five as a percent ...

CalPERS buys Gatwick Airport stake

PRESS RELEASE  |  MONDAY, 21 JUN 2010
The California Public Employees' Retirement System (CalPERS) has bought a 12 per cent stake in London Gatwick Airport from Global Infrastructure Partners for $178 million. Gatwick Airport is the UK's second most active airport and one of the busiest ...

DiNapoli slams raid rumours

MEDIA RELEASE  |  THURSDAY, 17 JUN 2010
... million members, and the rest of New York State taxpayers, from the irresponsibility that has left New Jersey, Illinois, California and dozens of other public pension funds across the nation dangerously under-funded. "I will fight any raids on the New ...

CalSTRS finances solar energy project

COMPANY RELEASE  |  MONDAY, 31 MAY 2010
The California State Teachers Retirement System (CalSTRS) and a number of investors have invested more than $175 million to help a solar energy company build 14 solar power plants in the US. The equity finance will be used to support solar energy company ...

CalPERS reprimands board member

RUTH LIEW  |  THURSDAY, 20 MAY 2010
... with her travel privileges after failing to file financial disclosure statements. According to a press release, the California Public Employees' Retirement System (CalPERS) Board of Administration publicly censured board member Priya Sara Mathur after ...

Global Sovereign Crisis

BENJAMIN ONG  |  THURSDAY, 6 MAY 2010
... judgment to the very companies they were standing in judgment upon." We would know soon enough when they go to trial. The California Public Employees' Retirement System won court approval to move forward with a lawsuit against ratings agencies Moody's ...

America's Eyjafjallajokull

BENJAMIN ONG  |  WEDNESDAY, 21 APR 2010
... only the investment bank -- and others like it -- that are now feeling the tremors. The Los Angeles Times reports that California's State Attorney General Jerry Brown is suing that other player in the subprime debacle - the ratings company Moody's Investor ...