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Showing 1 - 10 of 31 results for "California state"

CalSTRS secures US$190m settlement against Meta

JAMIE WILLIAMSON  |  TUESDAY, 25 NOV 2025
The California State Teachers' Retirement System (CalSTRS) has won a landmark settlement against current and former directors and officers of Meta. The derivative lawsuit was brought to the Delaware Court of Chancery several years ago on behalf of Meta ...

CalSTRS creates Total Fund Management division

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
The California State Teachers Retirement System (CalSTRS) has established a Total Fund Management division, according to its latest Investments Branch business plan. CalSTRS chief investment officer Scott Chan, who took on the role this month following ...

CalSTRS appoints chief investment officer

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
The California State Teachers' Retirement System (CalSTRS) has named a chief investment officer to succeed Christopher Ailman, who announced his retirement in January after a long tenure. Scott Chan, who's served as deputy chief investment officer since ...

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 ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... 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 saw ...

More pension funds, insurers impacted by MOVEit mass-hack

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2023
... 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 to pass ...

Fossil fuel divestment bill passes California Senate

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
... if passed by the Assembly, will see the California Public Employees' Retirement System (CalPERS) and the California State Teachers' Retirement System (CalSTRS) forced to divest their estimated US$9 billion in fossil fuel holdings. The bill was ...

CalPERS, CalSTRS face fossil fuels ban

JAMIE WILLIAMSON  |  MONDAY, 21 FEB 2022
... under a new bill. The Fossil Fuel Divestment Bill to advance California Climate Goals was introduced into the California state Senate last week by Senator Lena A. Gonzalez. If passed, the legislation will force the California Public Employees' Retirement ...

Industry split on paid vaccine leave

JAMIE WILLIAMSON  |  FRIDAY, 25 JUN 2021
... provide up to four hours of paid time off per injection, and up to eight hours where they experience side effects. California state law already required employers with 25 or more employees to offer up to 80 hours of COVID-19 sick leave for full-time ...

Pension fund appoints chief executive

JAMIE WILLIAMSON  |  THURSDAY, 20 MAY 2021
... pension funds. The Teachers' Retirement Board has named Cassandra Lichnock as the new chief executive of the California State Teachers' Retirement System (CalSTRS). She has been with the fund since 2008, and currently serves as chief operating officer. ...
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