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Showing 1 - 10 of 251 results for "California"

Future Fund deputy CIO jumps to Blue Owl

ELIZABETH FRY  |  FRIDAY, 26 APR 2024
... deliver results in our portfolios," Clarke added. These include Abu Dhabi's Mubadala Investment Company and the California Public Employees Retirement System (CalPERS). Blue Owl specialises in financing private equity-backed acquisitions, buying ...

Nobel Prize-winning economist Daniel Kahneman dies

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
... bachelor's degree in psychology and mathematics. Kahneman went on to get his doctorate in psychology from the University of California and was awarded the Nobel Prize in Economic Sciences in 2002, with his famed Prospect Theory cited.

Luxury fashion house sued over Birkin bag sales

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... "sufficient purchase history" to buy the infamous Birkin handbags. The French luxury fashion house is being sued in California in a case that claims sales associated are pushing customers to buy other items to access the coveted "icon of fashion" - an ...

CalSTRS investment chief announces retirement

ANDREW MCKEAN  |  FRIDAY, 12 JAN 2024
California State Teachers' Retirement System (CalSTRS) chief investment officer Christopher Ailman will depart on June 30, after 24 years at the fund. At an Investment Committee meeting, Ailman revealed his intention step down from the position ...

Vale Charlie Munger

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... legendary investor and long-time friend Warren Buffett. Berkshire Hathaway said Munger died peacefully at a hospital in California, where he lived. No cause of death was given. "Berkshire Hathaway could not have been built to its present status without ...

CalPERS investment chief tenders resignation

JAMIE WILLIAMSON  |  MONDAY, 18 SEP 2023
... 29, citing family reasons for her resignation. Having travelled between the fund's headquarters in Sacramento, California and her home in Toronto, Canada throughout her tenure, she said the decision will allow her to "attend to the immediate needs ...

Spire Capital, Oaktree launch wholesale fund

CHLOE WALKER  |  FRIDAY, 1 SEP 2023
The Spire Oaktree Special Opportunities Fund offers wholesale investors exclusive access to opportunistic credit and special situations. The fund builds on a three-year partnership between Spire Capital (Spire) and Californian-based Oaktree Capital ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... Financial Group chief restructuring officer William Kosturos said at the time. The embattled bank was closed by the California Department of Financial Protection & Innovation and the FDIC was named receiver. The FDIC transferred all deposits-both insured ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... some of its systems being accessed. Last month, the Californian Public Employees' Retirement System (CaliPERS) and the California State Teachers Retirement Systems (CalSTRS) were also hit, with members' personal data obtained when a third-party provider ...

More pension funds, insurers impacted by MOVEit mass-hack

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2023
... fund has notified members their personal information was stolen in the same breach impacting members of CalPERS. The California State Teachers Retirement System (CalSTRS) told members a vulnerability in file transfer application MOVEit, which it uses ...
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