Category Archives: CalPERS

CalPERS Star Hire Elisabeth Bourqui Resigns Suddenly After Only Eight Months, an Indictment of CEO Marcie Frost; Insiders Speculate Private Equity Was the Cause

CalPERS loses a highly qualified top executive. CEO Marcie Frost’s fingerprints are all over the departure, in a bad way.

CalPERS’ Private Equity “Fire, Aim, Ready”: Railroading Board by Screening Candidates Before Scheme Approved; Seeking to be Victimized Again by Silver Lake Partners

Another CalPERS PR gambit backfires, revealing yet more problems with CalPERS private equity scheme.

CalPERS’ Bill Slaton (Again) Embarrasses Himself and the CalPERS Board

CalPERS board member Bill Slaton demonstrates why he needs to go sooner rather than later.

CalPERS CEO Marcie Frost Pressed Senior Staff to Wear Burgundy to Show Loyalty

No matter how bad you think it is at CaPERS, it’s worse.

Why Is CalPERS Out to Give Roundly Defeated Ex-Board Member Priya Mathur a Glamorous Boondoggle, and Poke a Stick in the Eye of Beneficiaries and Board Members in the Process?

CalPERS again insists on doing the wrong thing.

CalPERS Admits Its New Private Equity Funds Will Dilute Returns, Seeks to Change Benchmark to Hide That; Presents Other Questionable Claims as Top Investors Underperform Due to “Alternative Investments”

Awfully late in the game, CalPERS finally tries to ‘splain its private equity plans. The giant fund only digs its hole deeper.

Our New York Magazine Article: “‘Alpha Wolves in the Henhouse’: California’s Multibillion-Dollar Private-Equity Boondoggle”

Putting CalPERS under the hot lights for its questionable private equity plans.

JJ Jelincic: CalPERS’ New Private Equity Model – What’s the Payoff?

CalPERS claims for its private equity “new business model” don’t add up. That suggests there are other motives.

CalPERS PR Messaging on Private Equity Backfiring as Lack of Justification, Flailing About, Become Obvious

CalPERS looks not just reckless but also foolish as it keeps rejiggering a dubious private equity scheme that it presented as ready to go months ago.

CalPERS CEO Marcie Frost Misrepresentations Scandal Not Going Away: Former Board Member and Board Designee Continue to Press for Investigation

CalPERS CEO Marcie Frost is still getting heat over her misrepresentations before and after her hiring.

CalPERS Abandons One Part of Private Equity Scheme, Lies About the Rest, but Addled Business Press Continues to Get the Story Wrong

CalPERS is flailing about with its private equity “new business model.”

Confidence or Dead CEO Walking? CalPERS Staff Pressured to Wear Badges of Support

Yet another embarrassment at CalPERS.

CalPERS Self-Dealing: Board and Staff Grift at CalPERS Expense Via Grossly Underpriced Liability Waiver; Fiduciary Self-Insurance Policy “Invalid on Its Face” Due to Lack of Reserves

CalPERS board members and staff have violated state conflict of interest rules to a degree that appears to be criminal.

Only Fools Rush In: CalPERS’ Utterly Barmy Governance Structure for New Private Equity Vehicles Creates Irresolvable Conflicts of Interest

CalPERS’ new PE business model embodies major corporate governance flaws– yet another reason to question Marcie Frost’s competence as CEO.

CSU Council Calls for Investigation of CalPERS CEO Marcie Frost’s Hiring

More proof that the scandal involving CalPERS CEO Marcie Frost’s resume misrepresentations are not going away any time soon.