Tag Archives: calpers


Move over CalPERS, here comes CalSTRS!

April 30, 2015 : Permalink

New York (HedgeCo.net)  – When the California Public Employees’ Retirement System (CalPERS) announced earlier this year that they were leaving the hedge fund space, it was major news in the financial world. While CalPERS stated that the move had little to do […]

Calpers Hopes Riskier Bets Will Restore Its Health

July 24, 2009 : Permalink

Javno – Calpers lost nearly $60 billion in the financial markets last year, which means it has a serious long-term shortfall. Joseph A. Dear, the fund’s new invesment head, thinks the cure is in hedge funds and beaten-down private equity. […]

Calpers to expand private-equity, VC investments

June 8, 2009 : Permalink

Reuters – The California Public Employees’ Retirement System (Calpers), which manages $169 billion in public pension funds, may boost its private-equity investments by around 40 percent as slumping markets create some acquisition bargains. Calpers’ board next week is scheduled to […]

California Investment Agent Pleads Guilty in NY Probe

May 13, 2009 : Permalink

American Chronicle – A Los Angeles businessman has pleaded guilty to corruption charges in a pension fund scandal that began in New York and is heading west. Julio Ramirez Jr.’s guilty plea to securities fraud, revealed Tuesday in New York, […]

Are Pension Funds the New Venture Capitalists?

April 20, 2009 : Permalink

Seeking Alpha – According to "Calpers Weighs Expanding Own Hedge-Fund Investments" by Jenny Strasburg and Craig Karmin (Wall Street Journal, April 16, 2009), the giant California pension fund may be the first stop for fledgling hedge fund managers who seek […]

CalPERS tightening its control over hedge funds

April 20, 2009 : Permalink

Pensions & Investments – CalPERS is boldly going where no pension fund has gone before with hedge funds. The $175 billion California Public Employees’ Retirement System, Sacramento, will be the first pension fund to move its $4.6 billion portfolio of […]