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    • Monday, 19 September, 2022
      Calpers admits ignoring private equity boom cost up to $18bn of gains

      Biggest US public pension plan missed out on almost a decade of returns by being too conservative

    • Thursday, 4 August, 2022
      LexPrivate equity
      Hedge funds vs private equity: private assets avoid the public rout Premium content

      PE appears to be a superior model with greater ability to ride out choppy cycles

    • Wednesday, 20 July, 2022
      Calpers records first loss since 2009 in ‘tumultuous’ markets

      Largest US pension plan says traditional diversification strategies proved ‘less effective’

    • Tuesday, 22 February, 2022
      US pension group Calpers hires Canadian as investment chief

      Nicole Musicco appointed as $478bn fund manager deepens push into private markets

    • Wednesday, 22 December, 2021
      Calpers chief Marcie Frost says hedge fund fees remain ‘problematic’

      US pension fund to lift private equity and debt allocations over concern public markets are ‘a little overheated’

    • Tuesday, 14 December, 2021
      UnhedgedRobert Armstrong
      High hopes for private credit Premium content

      And crypto as instrument of revolution

    • Sunday, 9 May, 2021
      Investor activism
      Calpers under fire over opposition to BP climate vote

      Activists attack influential investor group for voting against calls for deeper emissions cuts at oil company

    • Sunday, 1 November, 2020
      Impact investing
      US pension funds failing in climate change challenge

      Just 17% of retirement schemes in North America committed to net zero emissions by 2050

    • Friday, 28 August, 2020
      Merryn Somerset Webb
      Private equity is a club and the ordinary investor is not invited

      Allowing public markets to wither could worsen wealth inequality and dent public acceptance of capitalism

    • Friday, 21 August, 2020
      On Wall StreetBilly Nauman
      Who would want the top investment job at California’s pension fund?

      Departure of Ben Meng from Calpers is unlikely to trigger a scramble to replace him

    • Saturday, 15 August, 2020
      Impact investing
      Calpers, Schroders call for mandatory inclusion of climate risks in accounts

      Big investors demand groups follow BP’s example and consider global warming risk in financial statements

    • Friday, 7 August, 2020
      Due Diligence
      Calpers: America’s largest pension fund loses its captain Premium content

      Ben Meng spearheaded a bold overhaul of much of $400bn fund’s investment portfolio

    • Thursday, 6 August, 2020
      Calpers investment chief resigns after 18 months at $400bn fund

      Ben Meng departs US’s top public pension fund after allegations of incomplete public disclosures

    • Thursday, 6 August, 2020
      Calpers/Ben Meng: pilot flight Premium content

      Departure of CIO does nothing to help fix group’s massive pension funding hole

    • Sunday, 21 June, 2020
      Jonathan Ford
      The real ‘Money Heist’ is taking place in private equity

      The depressing part is the willingness of pension funds simply to hand over the swag

    • Sunday, 21 June, 2020
      Calpers board member objects to $80bn leverage gamble

      US public pension scheme’s push into private equity and private debt is ‘too risky’, according to Margaret Brown

    • Tuesday, 16 June, 2020
      FTfmJohn Plender
      Calpers bets big on private equity and leverage

      Pension fund’s view is ‘too little liquidity can be deadly but too much is costly’

    • Tuesday, 16 June, 2020
      Due Diligence
      The study that rattled the entire private equity industry Premium content

      Report says it is difficult to see how the business model can add up given how costly it is

    • Sunday, 14 June, 2020
      Top US pension fund aims to juice returns via $80bn leverage plan

      Calpers hopes bold move will boost efforts to achieve its 7% return target

    • Monday, 16 March, 2020
      Calpers battles former board member over real estate investment values

      California pension fund accused of refusing to disclose details to avoid bonus cuts

    • Tuesday, 21 January, 2020
      News in-depthFT Alphaville
      Calpers and the ‘illiquidity premium’

      Outta site, outta mind.

    • Friday, 3 January, 2020
      On Wall StreetRobin Wigglesworth
      Active fund managers pray for turnround as exodus continues

      Calpers is the latest big investor to pull back from stockpickers in favour of passive approach

    • Monday, 9 December, 2019
      InterviewFTfm
      Calpers investment chief talks about private equity and yoga

      Ben Meng on managing the retirement savings of nearly 2m Californians

    • Monday, 18 March, 2019
      FT AlphavilleJamie Powell
      Calpers goes all in on private equity

      “We need more of it, and we need it now.”

    • Saturday, 29 September, 2018
      Fund management
      California turns up the heat on climate change disclosures
    Previous page You are on page 1 Next page

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