CalPERS lied to the wrong person. State Senator Dr. Richard Pan is smart enough to know he was snookered when word gets back to him.
Read more...A discussion of various theories of how financial markets set prices.
Read more...It is hard to see how Uber’s IPO story will hold up to scrutiny, particularly at a planned valuation of $120 billion.
Read more...Is shareholder activism capable of achieving lasting change?
Read more...Even endowments, the supposed best of best among diversified investors, are finding that their old alternative investment mojo isn’t working these days.
Read more...Yves here. This article pre-supposes that readers understand that most leveraged lending is taking place as a result of private equity, via two routes. First, private equity funds use a great deal of borrowed money when buying companies. One of the biggest sources is so-called leveraged loans, which are normally originally made by banks, but […]
Read more...CalPERS is at it again…this time in the form of its private equity architect John Cole showing the world that he is way over his head.
Read more...Chuck Schumer and Bernie Sanders propose what are actually modest restrictions on corporate stock buybacks to force their to give workers higher priority.
Read more...CalPERS can’t even get friendly private equity experts to back Marcie Frost’s hare-brained scheme.
Read more...BlackRock CEO Larry Fink urges corporate CEOs to go to the ramparts and take on the challenge of populists and oh so demanding Millennials.
Read more...It turns out the often-maligned SEC is much missed as the Federal partial shutdown puts the IPO market on hold.
Read more...Another CalPERS PR gambit backfires, revealing yet more problems with CalPERS private equity scheme.
Read more...CalPERS board member Bill Slaton demonstrates why he needs to go sooner rather than later.
Read more...Putting CalPERS under the hot lights for its questionable private equity plans.
Read more...An important fiduciary duty lawsuit against some of the biggest names in the hedge fund and private equity worlds is moving forward. If the plaintiffs win, it could change the balance of power between investors and fund managers.
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