Another CalPERS Victory: CalPERS to Publish “Court Reporter Style” Transcripts
CalPERS commits to publishing its open meeting transcripts.
Read more...Category Archives: CalPERS
CalPERS (for Once) Does the Right Thing, Votes to Retain Transcription of Meetings
Mirable dictu! CalPERS board members vote to preserve its practice of transcribing board meetings, an important component of accountability and transparency.
Read more...CalPERS Violates Law and Board Procedure: Cuts Microphone of Board Member Margaret Brown After Letting Her See Only Redacted Board Transcripts, Lodging Bogus Charges
CalPERS has been doing everything it can to keep new board member Margaret Brown from seeing recent closed session transcripts, including cooking up completely bogus, secret charges against her.
Read more...What Is CalPERS Trying to Hide? Plans to Eliminate Transcription of Board Meetings, A Giant Step Backwards in Transparency and Accountability
CalPERS plans to take a big step backwards in terms of governance and credibility via getting rid of transcription of board meetings, when the cost is a pittance compared to the benefits.
Read more...Announcing Our Plan to Launch “CalPERS Central” Transcript Portal
Presenting our plan to make the record of CalPERS’ past and ongoing board meetings accessible to the public via a transcript portal.
Read more...Why CalPERS Private Equity Outsourcing Beauty Show Is Arbitrary and Capricious
More evidence that CalPERS is making a hugely important and costly decision in a cavalier, even reckless, manner.
Read more...Why CalPERS’ Private Equity Outsourcing Scheme Is Likely to Hurt Returns
Why CalPERS’ private equity outsourcing scheme is likely to leave the funds’ beneficiaries and California taxpayers worse off.
Read more...CalPERS Let New Fox in the Private Equity Henhouse: Silicon Valley Fixer Wilson Sonsini
Why Wilson Sonsini’s not-obvious role at CalPERS is another red flag for CalPERS’ private equity outsourcing scheme.
Read more...CalPERS Manages to Get Pretty Much Everything Wrong in Its Latest Asset Reallocation
CalPERS continues to be lousy at market timing.
Read more...CalPERS Chief Investment Office Ted Eliopoulos Now Touting Venture Capital Even Though It Can’t Improve Returns
CalPERS is about to embrace yet another bad investment idea.
Read more...Fiduciary Counsel Ashley Dunning Encourages CalPERS to Muscle Actuary to Change His Forecasts of Funding Needs
How CalPERS’ fiduciary counsel encouraged its board to pressure its actuary to produce more politically-convenient results.
Read more...CalPERS’ Fiduciary Counsel, Ashley Dunning, Lies to Board to Defend Private Equity Secrecy and Perpetuate Inadequate Supervision of Staff
Yet another example of the culture of casual lying at CalPERS and the deep-seated effort to neuter its board.
Read more...Lawsuit Against Blackstone, KKR/Prisma, PAAMCO, Kentucky Retirement System, and Others Has Major Implications for Public Pension Funds
A case filed at the end of last year, Mayberry v. KKR, hasn’t gotten the attention it warrants. The suit, which we’ve embedded at the end of this post, was filed on behalf of the beneficiaries of Kentucky Retirement Systems (KRS), the state’s public pension fund and its taxpayers, against Blackstone, KKR/Prisma, and PAAMCO for […]
Read more...Why Is CalPERS Board Member/Governor Wannabe John Chiang Telling a Big Lie About CalPERS Private Equity Outsourcing Scheme?
Gubernatorial candidate John Chiang looks more loyal to private equity than he does to California voters and CalPERS beneficiaries.
Read more...CalPERS Launches Illegal, Corrupt, Unjustified and Beneficiary-Damaging Private Equity “Strategic Partner” Search Obviously Designed to Favor BlackRock
CalPERS looks to be handing the private equity keys to BlackRock in a breathtakingly crooked process.
Read more...