Pension Bridge discredits itself by inviting former CalPERS CIO Ben Meng, under investigation for ethics violations, to speak at its ESG event
Read more...Apollo is not having much success with its claim that a $188 million paid by Leon Black to Jeffrey Epstein in fees and loans was bona fide.
Read more...A clear eyed and therefore not cheery look at where President Biden is set to take the US.
Read more...CalPERS is such damaged goods that it apparently can’t attract the sort of CIO it wants to hire.
Read more...Yet another authoritative source slams private equity returns.
Read more...Memo to CalPERS employees: If you see staff or vendors profiteering, call a lawyer. You could win a financial award and stop the abuse.
Read more...More bad news about private equity returns.
Read more...Why the US is certain to ignore the Canadian roadmap out of its public pension fund mess….and it’s not just because exceptionalism.
Read more...CalPERS defied its board by staking a startup fund with a cool $1.5 billion without approval. And on top of that, the deal looks lame.
Read more...CalPERS’ zealous defense of private equity looks pathological. So we hazard a diagnosis.
Read more...The New York City pension system provides more proof that investing in private equity hurts performance.
Read more...The more we learn about Leon Black’s relationship with sex offender Jeffrey Epstein, the less there is to like.
Read more...CalPERS CEO Marcie Frost doesn’t even bother to lie well.
Read more...CalPERS violates accounting rules by hiding outside consulting costs in internal investment overheads. None of the possible reasons are good.
Read more...A remarkable series of accidents led to the CalPERS board not being told how much CEO Marcie Frost’s advisor Randle Communications costs.
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