California Public Employees Pension Fund

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2d
The Sacramento Bee
Engagement is best approach to reduce fossil-fuel investmentsaccord to slow global warming may be reached at a United Nations convention in
Engagement is best approach to reduce fossil-fuel investments
The Sacramento Bee / Posted 2 days ago
accord to slow global warming may be reached at a United Nations convention in Paris. Closer to home, the state’s two pension funds participate with other public and private institutional investors in statements calling for action. These... Read more
4d
Lake Tahoe News
Calpers misses target with 2.4% returnBy Alison Vekshin, BloombergBusiness The California Public Employees’ Retireme
Calpers misses target with 2.4% return
Lake Tahoe News / Posted 4 days ago
By Alison Vekshin, BloombergBusiness The California Public Employees’ Retirement System, the largest pension in the U.S., said it earned 2.4 percent last fiscal year, below its target rate as financial-market turbulence depressed stock and bond... Read more
7d
Los Angeles Times
Public pension shocker: Shutting a pension plan actually costs taxpayers moneyAmid the nationwide panic over the rising costs of public employee pensions, on
Public pension shocker: Shutting a pension plan actually costs taxpayers money
Los Angeles Times / Posted 7 days ago
Amid the nationwide panic over the rising costs of public employee pensions, one proposed solution is nearly universal: States and municipalities should shutter their traditional defined benefit plans and place all new employees in a 401(k)-style... Read more
7d
Orange County Register
Flip side of cheaper energy: Pension funds take big hitsCalifornia’s two giant public pension funds are developing a bad habit of makin
Flip side of cheaper energy: Pension funds take big hits
Orange County Register / Posted 7 days ago
California’s two giant public pension funds are developing a bad habit of making terrible stock market bets. In the mid-2000s, the California Public Employees’ Retirement System and the California State Teachers’ Retirement System invested heavily in... Read more
8d
Pasadena Weekly
UPDATED: Rall's Dealin the Village Voice, The New York Times, Fortune, Time magazine, Men’s Health
UPDATED: Rall's Deal
Pasadena Weekly / Posted 8 days ago
in the Village Voice, The New York Times, Fortune, Time magazine, Men’s Health and a host of alternative and mainstream publications around the country? The Pulitzer Prize finalist and two-time winner of the Robert F. Kennedy Award, known as... Read more
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8d
Pasadena Weekly
Rall's Dealin the Village Voice, The New York Times, Fortune, Time magazine, Men’s Health
Rall's Deal
Pasadena Weekly / Posted 8 days ago
in the Village Voice, The New York Times, Fortune, Time magazine, Men’s Health and a host of alternative and mainstream publications around the country? The Pulitzer Prize finalist and two-time winner of the Robert F. Kennedy Award, known as... Read more
2 related stories
8d
The Inter-Mountain
West Virginia editorial roundupfrom West Virginia newspapers: Aug. 19 The Inter-Mountain, Elkins, West Virgi
West Virginia editorial roundup
The Inter-Mountain / Posted 8 days ago
from West Virginia newspapers: Aug. 19 The Inter-Mountain, Elkins, West Virginia, on federal government providing funding to fight heroin use: The federal government is providing additional funding to fight heroin use, a problem that has... Read more
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8d
The Marietta Times
West Virginia editorial roundupfrom West Virginia newspapers: Aug. 19 The Inter-Mountain, Elkins, West Virgi
West Virginia editorial roundup
The Marietta Times / Posted 8 days ago
from West Virginia newspapers: Aug. 19 The Inter-Mountain, Elkins, West Virginia, on federal government providing funding to fight heroin use: The federal government is providing additional funding to fight heroin use, a problem that has... Read more
2 related stories
8d
Parkersburg News and Sentinel
West Virginia editorial roundupfrom West Virginia newspapers: Aug. 19 The Inter-Mountain, Elkins, West Virgi
West Virginia editorial roundup
Parkersburg News and Sentinel / Posted 8 days ago
from West Virginia newspapers: Aug. 19 The Inter-Mountain, Elkins, West Virginia, on federal government providing funding to fight heroin use: The federal government is providing additional funding to fight heroin use, a problem that has... Read more
2 related stories
9d
Ventura County Star
County's retirement system changes to independent districtSACRAMENTO — The entity that manages Ventura County’s public employee pension f
County's retirement system changes to independent district
Ventura County Star / Posted 9 days ago
SACRAMENTO — The entity that manages Ventura County’s public employee pension fund will become an independent government district under a law signed this week by Gov. Jerry Brown. The bill, AB 1291 by Assemblyman Das Williams, D-Carpinteria, will... Read more
10d
Orange County Register
Watchdog: California pension reform measure means savings, potential labor upheavalA controversial reform measure headed for the 2016 ballot could cut public pens
Watchdog: California pension reform measure means savings, potential labor upheaval
Orange County Register / Posted 10 days ago
A controversial reform measure headed for the 2016 ballot could cut public pension costs by giving taxpayers a say on retirement plans – but it could upend collective bargaining in the process, according to several analyses. The “Voter Empowerment... Read more
6 related stories
11d
Business Insurance
DOL moving forward on retirement investment advice fiduciary ruleplan sponsors also are concerned about how an expanded definition of fiduciary
DOL moving forward on retirement investment advice fiduciary rule
Business Insurance / Posted 11 days ago
plan sponsors also are concerned about how an expanded definition of fiduciary duty would affect their efforts to help employees make the right investment choices. Current benefits education programs that include call centers, on-site... Read more
2 related stories
11d
Business Insurance
DOL moving forward on retirement investment advice fiduciary ruleplan sponsors also are concerned about how an expanded definition of fiduciary
DOL moving forward on retirement investment advice fiduciary rule
Business Insurance / Posted 11 days ago
plan sponsors also are concerned about how an expanded definition of fiduciary duty would affect their efforts to help employees make the right investment choices. Current benefits education programs that include call centers, on-site... Read more
2 related stories
14d
The Sacramento Bee
Kamala Harris’ summary miscasts measureballot measure. This week, she issued a summary for a measure that would empow
Kamala Harris’ summary miscasts measure
The Sacramento Bee / Posted 14 days ago
ballot measure. This week, she issued a summary for a measure that would empower voters to approve any increases in public employee pensions, proposed by former San Jose Mayor Chuck Reed and former San Diego City Councilman Carl DeMaio. But... Read more
9 related stories
15d
GlobeSt.com
Retail’s Massive Sales Reboundsome deals that stand out as ones to remember. Compiling industry data and pas
Retail’s Massive Sales Rebound
GlobeSt.com / Posted 15 days ago
some deals that stand out as ones to remember. Compiling industry data and past coverage on both GlobeSt.com and sister publication�Real Estate Forum, we bring you the biggest retail sales that have occurred since our launch in 2000. On... Read more
15d
Swissinfo
Partners Group Said to Buy TPG, Bain Stakes From Nordic InvestorGroup AG, one of Europe’s largest listed private-equity managers, acquired 500
Partners Group Said to Buy TPG, Bain Stakes From Nordic Investor
Swissinfo / Posted 15 days ago
Group AG, one of Europe’s largest listed private-equity managers, acquired 500 million euros ($556 million) of buyout fund stakes from Finland’s Keva, said people with knowledge of the matter. Partners Group and a U.S. endowment agreed to buy... Read more
15d
Los Angeles Times
CalPERS, CalSTRS took big losses on energy investments, report saysCalifornia's two biggest public pension funds lost more than $5 billion on ener
CalPERS, CalSTRS took big losses on energy investments, report says
Los Angeles Times / Posted 15 days ago
California's two biggest public pension funds lost more than $5 billion on energy-related investments for the year ended June 30, according to a new report. The California Public Employees' Retirement System posted losses of just over $3 billion, a... Read more
16d
Business Wire
Fitch Affirms Novato Unified School District, CA's GO Bonds at 'AA+'; Outlook Stablewithin the district. KEY RATING DRIVERS STRONG FINANCIAL PROFILE: The distric
Fitch Affirms Novato Unified School District, CA's GO Bonds at 'AA+'; Outlook Stable
Business Wire / Posted 16 days ago
within the district. KEY RATING DRIVERS STRONG FINANCIAL PROFILE: The district's financial profile reflects sound general fund balances, generally stable financial performance despite recent deficit spending, good general fund liquidity, and... Read more
3 related stories
17d
GlobeSt.com
Top Deals Reflect the Ups and Downs of Retail Salessome deals that stand out as ones to remember. Compiling industry data and pas
Top Deals Reflect the Ups and Downs of Retail Sales
GlobeSt.com / Posted 17 days ago
some deals that stand out as ones to remember. Compiling industry data and past coverage on both GlobeSt.com and sister publication�Real Estate Forum, we bring you the biggest retail sales that have occurred since our launch in 2000. Retail... Read more
22d
The Sacramento Bee
Despite strong returns, California pension funds’ fiscal hole got deeperWith a new ballot proposal reigniting debate over government retirement benefit
Despite strong returns, California pension funds’ fiscal hole got deeper
The Sacramento Bee / Posted 22 days ago
With a new ballot proposal reigniting debate over government retirement benefits, the latest federal figures show California’s public pension debt in 2013 stood at $4,425 for every man, woman and child in the state, despite strong investment returns... Read more
24d
4029TV KHBS - KHOG Fort Smith - Fayetteville
Voters First GOP Candidates ForumPACS CHINA IS CHEATING US. WHERE SOMEONE CAN GIVE WE DON'T DO A DAM THING ABOUT
Voters First GOP Candidates Forum
4029TV KHBS - KHOG Fort Smith - Fayetteville / Posted 24 days ago
PACS CHINA IS CHEATING US. WHERE SOMEONE CAN GIVE WE DON'T DO A DAM THING ABOUT $10 MILLION ON THE DEMOCRATIC OR IT. REPUBLICAN SIDE OF THE AISLE BUILDING ISLANDS OVER ROUSER WITH CERTAIN CANDIDATES ARE RICH TERRITORY ONED BY OTHERS CAUSE THEY... Read more
2 related stories
24d
WBAL-TV Baltimore
Voters First GOP Candidates ForumPACS CHINA IS CHEATING US. WHERE SOMEONE CAN GIVE WE DON'T DO A DAM THING ABOUT
Voters First GOP Candidates Forum
WBAL-TV Baltimore / Posted 24 days ago
PACS CHINA IS CHEATING US. WHERE SOMEONE CAN GIVE WE DON'T DO A DAM THING ABOUT $10 MILLION ON THE DEMOCRATIC OR IT. REPUBLICAN SIDE OF THE AISLE BUILDING ISLANDS OVER ROUSER WITH CERTAIN CANDIDATES ARE RICH TERRITORY ONED BY OTHERS CAUSE THEY... Read more
2 related stories
24d
WESH 2 Orlando
Voters First GOP Candidates ForumPACS CHINA IS CHEATING US. WHERE SOMEONE CAN GIVE WE DON'T DO A DAM THING ABOUT
Voters First GOP Candidates Forum
WESH 2 Orlando / Posted 24 days ago
PACS CHINA IS CHEATING US. WHERE SOMEONE CAN GIVE WE DON'T DO A DAM THING ABOUT $10 MILLION ON THE DEMOCRATIC OR IT. REPUBLICAN SIDE OF THE AISLE BUILDING ISLANDS OVER ROUSER WITH CERTAIN CANDIDATES ARE RICH TERRITORY ONED BY OTHERS CAUSE THEY... Read more
2 related stories
25d
Canberra Times
QIC secures $1b to invest in global infrastructure fund, will target transport and energypursuing transport and energy investments after securing more than $1 billion i
QIC secures $1b to invest in global infrastructure fund, will target transport and energy
Canberra Times / Posted 25 days ago
pursuing transport and energy investments after securing more than $1 billion in capital for its new global infrastructure fund and several new clients, including pension group Hostplus. QIC started marketing the unlisted fund, which aims to... Read more
5 related stories
25d
Brisbane Times
QIC secures $1b to invest in global infrastructure fund, will target transport and energypursuing transport and energy investments after securing more than $1 billion i
QIC secures $1b to invest in global infrastructure fund, will target transport and energy
Brisbane Times / Posted 25 days ago
pursuing transport and energy investments after securing more than $1 billion in capital for its new global infrastructure fund and several new clients, including pension group Hostplus. QIC started marketing the unlisted fund, which aims to... Read more
5 related stories
25d
The Age
QIC secures $1b to invest in global infrastructure fund, will target transport and energypursuing transport and energy investments after securing more than $1 billion i
QIC secures $1b to invest in global infrastructure fund, will target transport and energy
The Age / Posted 25 days ago
pursuing transport and energy investments after securing more than $1 billion in capital for its new global infrastructure fund and several new clients, including pension group Hostplus. QIC started marketing the unlisted fund, which aims to... Read more
5 related stories
25d
Sydney Morning Herald
QIC secures $1b to invest in global infrastructure fund, will target transport and energypursuing transport and energy investments after securing more than $1 billion i
QIC secures $1b to invest in global infrastructure fund, will target transport and energy
Sydney Morning Herald / Posted 25 days ago
pursuing transport and energy investments after securing more than $1 billion in capital for its new global infrastructure fund and several new clients, including pension group Hostplus. QIC started marketing the unlisted fund, which aims to... Read more
5 related stories
25d
Sydney Morning Herald
QIC strikes $1b Asia Pacific infrastructure investment deal with US pension fund CalPERSthe investment group and CalPERS spent years working on a partnership deal. Pho
QIC strikes $1b Asia Pacific infrastructure investment deal with US pension fund CalPERS
Sydney Morning Herald / Posted 25 days ago
the investment group and CalPERS spent years working on a partnership deal. Photo: Robert Shakespeare The US's largest public pension fund, the California Public Employees Retirement System, will start investing money directly in Australian... Read more
5 related stories
25d
WA Today
QIC secures $1b to invest in global infrastructure fund, will target transport and energypursuing transport and energy investments after securing more than $1 billion i
QIC secures $1b to invest in global infrastructure fund, will target transport and energy
WA Today / Posted 25 days ago
pursuing transport and energy investments after securing more than $1 billion in capital for its new global infrastructure fund and several new clients, including pension group Hostplus. QIC started marketing the unlisted fund, which aims to... Read more
5 related stories
25d
Los Angeles Times
CalPERS' private equity investing fees are expected to be 'ginormous'really pays Wall Street for its most rarefied services — and taxpayers can expe
CalPERS' private equity investing fees are expected to be 'ginormous'
Los Angeles Times / Posted 25 days ago
really pays Wall Street for its most rarefied services — and taxpayers can expect a dose of sticker shock. Last month, the California Public Employees' Retirement System announced with some fanfare that it would disclose the full amount it pays for... Read more
25d
The Sacramento Bee
David Crane still an irritant to California unionsThere may not be a bounty on his head, but David Crane sits atop the enemies li
David Crane still an irritant to California unions
The Sacramento Bee / Posted 25 days ago
There may not be a bounty on his head, but David Crane sits atop the enemies list for California’s public employee unions. Crane, a wealthy investor and Stanford University lecturer, has for the past decade been highly critical of the state’s fiscal... Read more
25d
Orange County Register
Even with O.C. resources strained, cost-of-living increases are boosting the pay of pensionersThe number of retired Orange County workers making more than $100,000 in annual
Even with O.C. resources strained, cost-of-living increases are boosting the pay of pensioners
Orange County Register / Posted 25 days ago
The number of retired Orange County workers making more than $100,000 in annual pensions has more than doubled in the past five years, even as debate rages about the financial health of the county’s and other pensions. What’s more, powered by annual... Read more
28d
Orange County Register
California's pension hole: Once modest, now monstrousWithin the span of only 11 years, the hole at the bottom of California’s state
California's pension hole: Once modest, now monstrous
Orange County Register / Posted 28 days ago
Within the span of only 11 years, the hole at the bottom of California’s state and local pension funds increased a staggering 3,046 percent. The monstrous growth of the gap between what public agencies have promised workers upon retirement and what... Read more
30d
Huntington Beach Independent
Higher spending, revenue expected for new Huntington Beach budgetHuntington Beach officials expect an increase in the city's general fund in the
Higher spending, revenue expected for new Huntington Beach budget
Huntington Beach Independent / Posted 30 days ago
Huntington Beach officials expect an increase in the city's general fund in the coming fiscal year, but increasing pension costs continue to tighten municipal finances. City Finance Manager Carol Molina-Espinoza briefed City Council members last... Read more
30d
Business Wire
Smurfit Kappa GrpPLC UK Regulatory Announcement: Half-yearly Reportthe Group delivered EPS growth of 38%, underpinned by good underlying business
Smurfit Kappa GrpPLC UK Regulatory Announcement: Half-yearly Report
Business Wire / Posted 30 days ago
the Group delivered EPS growth of 38%, underpinned by good underlying business conditions, significantly reduced long-term funding costs and the earnings impact of capital investments, acquisitions and efficiency programmes completed within the... Read more
1m
The Sacramento Bee
California pension funds saw $100 billion gain in 2013California’s state and local government pension systems saw their assets climb
California pension funds saw $100 billion gain in 2013
The Sacramento Bee / Posted a month ago
California’s state and local government pension systems saw their assets climb by more than $100 billion during the 2013-14 fiscal year, outpacing the national trend by several percentage points, according to a new Census Bureau report. Although... Read more
1m
Naked Capitalism
Will Hillary Clinton Adopt Hedgie Billionaire John Arnold's Schemes for Retirement Insecurity?— since “working families” doesn’t include those who aren’t married — to “retir
Will Hillary Clinton Adopt Hedgie Billionaire John Arnold's Schemes for Retirement Insecurity?
Naked Capitalism / Posted a month ago
— since “working families” doesn’t include those who aren’t married — to “retire with dignity.” The average national pension benefit in 34 OECD countries is about 60 percent of median worker earnings. In the U.S., our national pension system,... Read more
m
Orange County Register
California should butt out of private sector pensionsPresident Obama, unfortunately, is aiding California government in one of its b
California should butt out of private sector pensions
Orange County Register / Posted 1 months ago
President Obama, unfortunately, is aiding California government in one of its biggest mistakes. According to the New York Times, “This month, he told the Labor Department to issue rules to help California and other states put into effect state-run... Read more
m
Naked Capitalism
CalSTRS Doubles Down in Private Equity Carry Fee Reporting ScandalMemo to CalSTRS: When you are in a hole, stop digging. When the bigger of the
CalSTRS Doubles Down in Private Equity Carry Fee Reporting Scandal
Naked Capitalism / Posted 1 months ago
Memo to CalSTRS: When you are in a hole, stop digging. When the bigger of the giant Sacramento-based public pension funds, CalPERS, was caught out for failing to track the biggest fee that private equity investors pay, carry fees, CalPERS rapidly... Read more
m
Naked Capitalism
State Officials Try to Hide Their Private Equity Oversight Failures by Asking the SEC to Exceed Its Authorityshirking of duties is particularly grating since these officials, most importan
State Officials Try to Hide Their Private Equity Oversight Failures by Asking the SEC to Exceed Its Authority
Naked Capitalism / Posted 1 months ago
shirking of duties is particularly grating since these officials, most important of all John Chiang, the State Treasurer of California, Thomas DiNapoli, the New York State Comptroller, and Scott Stringer, the New York City Comptroller, are... Read more

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