Category Archives: CalPERS

CalPERS Should Thank Us for Publicizing, and Therefore Undermining Their Repeated Efforts to Hand Private Equity Portfolio to BlackRock: BlackRock’s Mark Wiseman Fired for Affair With Subordinate, Leading to Suspension of New Investments from “Warren Buffett” Style Megafund

How we helped CalPERS, despite the fund’s concerted efforts, dodge a BlackRock bullet.

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Private Equity’s Uninvested “Dry Powder” and Falling Returns Reflect a Bigger Problem: The End of a Long Term Disinflationary Tail Wind

The press is finally becoming skeptical of private equity’s claims that it generates superior returns, demonstrated by a Monday Wall Street Journal story, Private-Equity Cash Piles Up as Takeover Targets Get Pricier1 and a Bloomberg article yesterday, ‘Peak’ Private-Equity Fears Are Spreading Across Pension World. This follows a Mark Hulbert piece in MarketWatch, whose title […]

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Hedge Fund Chatham Sends Nastygram Over NY Post Removal of “Parked Transaction” in Piece on Questionable Deals Involving American Media, Owner of National Enquirer. CalPERS Too.

Hedge fund Chatham is might upset about a phrase we picked up from a New York Post article on Chatham funds’ investment, including a CalPERS fund, in the parent of the notorious National Enquirer.

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