Category Archives: Private equity

Private Equity Underperformance Denialist, Pension Consulting Alliance, Tells CalSTRS to Fix Performance Problems by Scrapping Benchmark

CalSTRS’ and CalPERS’ consultant, Pension Consulting Alliance, argues for getting rid of benchmarks altogether in a desperate effort to depict investing in private equity as ever and always sound.


Former California Official Blasts CalPERS CEO Anne Stausboll, Staff, and Board for Misconduct

Former California official Tony Butka He deems Chief Investment Officer, Ted Eliopoulos, the head of private equity, Réal Desorchers, and private equity professional Christine Gogan to have been so dishonest with the board that they all have should have received a notice of intent to discharge.


How CalPERS’ Consultant, Pension Consulting Alliance, Promotes Intellectual Capture by Private Equity

One of the not-well-recognized channels by which private equity orthodoxy, meaning general-partner-favoring party line, is propagated and defended is via private equity consultants. CalPERS’ consultant, Pension Consulting Alliance (PCA), performed this role during the most recent Investment Committee meeting.