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Showing 41 - 50 of 127 results for "CalPERS"

CalPERS names new chief executive

DARREN SNYDER  |  FRIDAY, 15 JUL 2016
The California Public Employees' Retirement System (CalPERS) will welcome a new chief executive in October after its board appointed a new leader this week. Joining CalPERS as chief executive is Marcie Frost. She most recently served as the director ...

CalPERS increasing emerging manager exposure

DARREN SNYDER  |  TUESDAY, 28 JUN 2016
... dedicated to emerging and transition investment managers by 2020. The California Public Employees' Retirement System (CalPERS) told the Global Entrepreneurship Summit at Stanford University last week that from July 2017 it will seek investment proposals ...

CalPERS appoints interim CEO

DARREN SNYDER  |  TUESDAY, 21 JUN 2016
The California Public Employees' Retirement System (CalPERS) has appointed an interim chief executive as it continues the search for a new leader. Stepping in to the interim chief executive role is CalPERS' deputy executive officer for operations and ...

Former CalPERS CEO jailed

DARREN SNYDER  |  THURSDAY, 2 JUN 2016
A former chief executive of the California Public Employees' Retirement System (CalPERS) has been sentenced to four-and-a-half years in prison for accepting bribes during his term at the helm of one of the world's largest pension funds. The Sacramento ...

IFM Investors sells stake in Indiana Toll Road

DARREN SNYDER  |  FRIDAY, 6 MAY 2016
... The global fund manager purchased ITRCC for US$5.7 billion in March last year, and the recent sale saw US pension fund CalPERS acquire 10%. An undisclosed interest has also been sold to US insurer Allstate, while the IFM Investors Global Infrastructure ...

Another US pension giant exits hedge funds

MARK SMITH  |  TUESDAY, 19 APR 2016
... giant US pension fund has publically shunned the hedge fund sector. The California Public Employees' Retirement System (CalPERS), which is the largest public pension plan in the US with more than 1.6 million members, publically exited the fund type in ...

CalPERS urges Rio Tinto to report climate change risk

DARREN SNYDER  |  TUESDAY, 12 APR 2016
Rio Tinto is supportive of a resolution co-filed by US pension fund CalPERS requesting the global mining giant provide an annual report on environmental risks and opportunities associated with climate change. CalPERS holds about 250,000 shares in Rio ...

Board members lose independence after 12 years: CalPERS

DARREN SNYDER  |  TUESDAY, 15 MAR 2016
... on the same board are at risk of compromising their independence. The California Public Employees' Retirement System (CalPERS) has revised its global governance principles and requests that should a director reach 12 years of service, companies should ...

CalPERS and Moody's settle for $130 million

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
The California Public Employees' Retirement System (CalPERS) has settled with Moody's for a record US$130 million for its erroneous ratings of structured investment vehicles prior to the Global Financial Crisis. The lawsuit tops CalPERS' US$125 million ...

CalPERS chief executive retires

DARREN SNYDER  |  FRIDAY, 22 JAN 2016
... executive after Anne Stausboll announced she will retire in June 2016. The California Public Employees' Retirement System (CalPERS) announced overnight that Stausboll will leave the system after more than seven years at the helm. In a statement Stausboll ...