Tag Archives: public-employees-retirement-system


Calpers to expand private-equity, VC investments

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 […]

Hedge Fund Investors Gain Power

BusinessWeek – For years pension funds, university endowments, and other big investors essentially wrote blank checks to hedge funds and private equity firms. They readily paid stiff fees and agreed to onerous restrictions. Investors had no choice if they wanted […]

CalPERS tightening its control over hedge funds

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 […]

Market slump pounds Pa. pension funds

Philadelphia Inquirer – Pension funds for Pennsylvania state workers and schoolteachers lost more than $12 billion in the three months ended Sept. 30. And that’s not counting losses from hedge funds, real estate, private equity, and other hard-to-trace private investments […]

Public Pension Fund Hoping to Up Hedge Fund Stake

New York (HedgeCo.Net) – At a time when most investors are becoming increasingly weary of high risk hedge funds, public pension funds are upping their stake, hoping to make up for recent lackluster performances. New York State has a cap […]