CalSTRS

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5d
Naked Capitalism
SEC Official Defends Weak, Selective Enforcement When Agency Records Show Private Equity Firms Thumb Nose at Agencyto the extent that limited partner are asking more questions, they aren’t getti
SEC Official Defends Weak, Selective Enforcement When Agency Records Show Private Equity Firms Thumb Nose at Agency
Naked Capitalism / Posted 5 days ago
to the extent that limited partner are asking more questions, they aren’t getting straight answers. Moreover, CalPERS and CalSTRS continued protectiveness of general partners suggests that they have not become more vigilant as a result of the SEC... Read more
6d
KTVN Reno
Mary's Gone Crackers Expands its North America Operations; Relocates Headquartersfacility developed by the Cal Logistics Platform, which is a joint venture of P
Mary's Gone Crackers Expands its North America Operations; Relocates Headquarters
KTVN Reno / Posted 6 days ago
facility developed by the Cal Logistics Platform, which is a joint venture of Panattoni Development Company and CalSTRS, and built by Alston Construction, will be a green building that will be a healthy, resource-efficient and cost... Read more
414 related stories
8d
Orange County Register
O.C. Watchdog: Unfunded pension debt approaching $1 trillion?rather than cropping the picture to serve political goals,” Low said. “The fact
O.C. Watchdog: Unfunded pension debt approaching $1 trillion?
Orange County Register / Posted 8 days ago
rather than cropping the picture to serve political goals,” Low said. “The fact of the matter is that CalPERS and CalSTRS have consistently met their rates of return over time. No amount of data manipulation can change that.” CalPERS... Read more
10d
Orange County Register
Pension problems drag on economic growthdownturn. Especially important to California is the way the state’s pensions i
Pension problems drag on economic growth
Orange County Register / Posted 10 days ago
downturn. Especially important to California is the way the state’s pensions invest in local communities. Since 2011, CalSTRS and the California Public Employees’ Retirment System have committed small investments back into the community by... Read more
12d
Business Wire
Fitch Rates Sulphur Springs USD, CA's GO Bonds 'A'; Outlook Stableand are likely to be in line with or moderately above expected revenue growth b
Fitch Rates Sulphur Springs USD, CA's GO Bonds 'A'; Outlook Stable
Business Wire / Posted 12 days ago
and are likely to be in line with or moderately above expected revenue growth based upon increasing contributions to CalSTRs through fiscal 2021, offset to some extent by increasing revenues under the LCFF funding formula through fiscal... Read more
13 related stories
19d
TheStreet.com
This financial sector stock is an undervalued bet on solid incomereturns. MetLife plans to redeem a large chunk of its hedge fund investment, ju
This financial sector stock is an undervalued bet on solid income
TheStreet.com / Posted 19 days ago
returns. MetLife plans to redeem a large chunk of its hedge fund investment, just as American International Group and CalSTRS plan to do, which should help lessen those concerns. MetLife, through its subsidiaries and affiliates, holds leading... Read more
19d
Naked Capitalism
Smart Money Doing Private Equity in House as General Partners Warn of Lower Returns, Dumb Money Pours INto perfection’ is a nice way of saying overpriced,” Mr. Nelson said…. Recall t
Smart Money Doing Private Equity in House as General Partners Warn of Lower Returns, Dumb Money Pours IN
Naked Capitalism / Posted 19 days ago
to perfection’ is a nice way of saying overpriced,” Mr. Nelson said…. Recall that the chief investment officer of CalSTRS uses the same “priced to perfection” coded admission in a board meeting last year. In other words, the limited... Read more
22d
Business Insider
Here's what the future of hedge funds looks likethat most pensions have a very tiny allocation to hedge funds in relation to ot
Here's what the future of hedge funds looks like
Business Insider / Posted 22 days ago
that most pensions have a very tiny allocation to hedge funds in relation to other institutional investors. For instance, CalSTRS has just a 1.7% target allocation to hedge funds in their portfolio. It’s still billions of dollars, but small in the... Read more
24d
TheStreet.com
MetLife eyes hedge fund cuts after poor quarterfund investments come as some large public pension funds including the Californ
MetLife eyes hedge fund cuts after poor quarter
TheStreet.com / Posted 24 days ago
fund investments come as some large public pension funds including the California Public Employees' Retirement System, or CalSTRS, as well as a few other large insurers, including American International Group(AIG - Get Report) , have moved to... Read more
24d
CommonDreams.org
On the Day of Verizon’s Annual Shareholder Meeting, Verizon Strikers & Supporters to Hold Nationwide Protests as Shareholder Unrest Growsown more than 60 percent of Verizon’s total shares. Proposals, which have been
On the Day of Verizon’s Annual Shareholder Meeting, Verizon Strikers & Supporters to Hold Nationwide Protests as Shareholder Unrest Grows
CommonDreams.org / Posted 24 days ago
own more than 60 percent of Verizon’s total shares. Proposals, which have been endorsed by large investors like CalPERS and CalSTRS, include requiring that the Board Chair be an independent director and that future severance agreements be subject to... Read more
3 related stories
24d
Zero Hedge
In Latest Blow To Hedge Funds, Largest US Life Insurer Is Redeeming Most Of Its Investmentsinvestments, while Chris Ailman, who runs investments at the $187 billion Calif
In Latest Blow To Hedge Funds, Largest US Life Insurer Is Redeeming Most Of Its Investments
Zero Hedge / Posted 24 days ago
investments, while Chris Ailman, who runs investments at the $187 billion California State Teachers’ Retirement System, or CALSTRS, said that the hedge fund industry’s two-and-twenty fee model is “broken” and “off the table” for large institutional... Read more
3 related stories
25d
Zero Hedge
Zero Hedge | On a long enough timeline the survival rate for everyone drops to zeroThe pain for hedge funds is only just starting: Chris Ailman, who runs investme
Zero Hedge | On a long enough timeline the survival rate for everyone drops to zero
Zero Hedge / Posted 25 days ago
The pain for hedge funds is only just starting: Chris Ailman, who runs investments at CALSTRS, said in a Bloomberg Television interview from the Milken conference that the hedge fund industry’s two-and-twenty fee model is “broken” and “off the table”... Read more
3 related stories
25d
Naked Capitalism
Tough Private Equity Transparency Bill in Illinois Focuses on Indefensible Contract Terms, Beats California Bill on Fee Disclosure Requirementsoversight. The California initiative, led by California Treasurer John Chiang,
Tough Private Equity Transparency Bill in Illinois Focuses on Indefensible Contract Terms, Beats California Bill on Fee Disclosure Requirements
Naked Capitalism / Posted 25 days ago
oversight. The California initiative, led by California Treasurer John Chiang, who also sits on the boards of CalPERS and CalSTRS, has been badly outclassed by a bill that was introduced via amendment yesterday in the Illinois Senate. Sponsor... Read more
26d
CNBC
Hedge funds are finding out that flat is the new up this yearis dead," Ailman said in a television interview Monday. "People have to underst
Hedge funds are finding out that flat is the new up this year
CNBC / Posted 26 days ago
is dead," Ailman said in a television interview Monday. "People have to understand that. That model has been broken." Calstrs, he added, pays less than 2-and-20 to its hedge funds. If the lackluster performances continue, industry observers... Read more
26d
Swissinfo
Matt Levine's Money Stuff: Hedge-Fund Blues and Digital Dollarshave been competed away." "Reducing your fees is your best return on capital,"
Matt Levine's Money Stuff: Hedge-Fund Blues and Digital Dollars
Swissinfo / Posted 26 days ago
have been competed away." "Reducing your fees is your best return on capital," says the chief investment officer of CalSTRS, who is pushing back on hedge-fund fees. Reading the news, I have to say, I don't get a lot of the opposite... Read more
26d
TheStreet.com
CalSTRS CIO on Gender Diversity in Corporate America As time passes, gender diversity in corporate America isn't getting any bette
CalSTRS CIO on Gender Diversity in Corporate America
TheStreet.com / Posted 26 days ago
As time passes, gender diversity in corporate America isn't getting any better, according to CalSTRS chief investment officer Christopher Ailman. 'It's time to stop the talk and go beyond talk,'... Read more
26d
TheStreet.com
Calstrs investment manager: investing is a marathon, not a one-mile racein mind. "This is like a marathon, and yeah, you pay attention to the pace for
Calstrs investment manager: investing is a marathon, not a one-mile race
TheStreet.com / Posted 26 days ago
in mind. "This is like a marathon, and yeah, you pay attention to the pace for mile, but you don't obsess on it," the CalSTRS official said from the Milken Institute Global Conference in Los Angeles. He spoke with TheStreet about a number of... Read more
26d
Zero Hedge
In Latest Blow To Hedge Funds, AIG Redeems $4 Billion; CALSTRS Says "2 And 20" Model Is "Off The Table"only just starting, Chris Ailman, who runs investments at the $187 billion Cali
In Latest Blow To Hedge Funds, AIG Redeems $4 Billion; CALSTRS Says "2 And 20" Model Is "Off The Table"
Zero Hedge / Posted 26 days ago
only just starting, Chris Ailman, who runs investments at the $187 billion California State Teachers’ Retirement System, or CALSTRS, said in a Bloomberg Television interview from the Milken conference that the hedge fund industry’s two-and-twenty... Read more
3 related stories
27d
CNBC
CalSTRS CIO: The 2 and 20 hedge-fund model is deadThe compensation model that has enriched hedge fund managers for years is not l
CalSTRS CIO: The 2 and 20 hedge-fund model is dead
CNBC / Posted 27 days ago
The compensation model that has enriched hedge fund managers for years is not long for this world, CalSTRS Chief Investment Officer Christopher Ailman said Monday. To find yield in the current low-interest-rate environment, CalSTRS has invested in... Read more

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