Why Is FTI Consulting Making It Look Like Apollo Overpaid Its Real Estate Execs $50 Million?
FTI Consulting appears awfully casual about how it handles confidential client information, and in the process has done Apollo no favors.
Read more...Category Archives: Investment management
CalPERS, CalSTRS, Other Investors Have Indemnified Private Equity Criminal Conduct Even Though Fiduciary Counsels Say No
CalPERS board member JJ Jelincic confirms yet another major lapse by private equity investors.
Read more...Will New Required Reporting of $3 Trillion of Debt Crimp Big Cos, Private Equity?
A geeky accounting change in liability reporting may have real world consequences.
Read more...More Railroading of CalPERS Board: General Counsel Withholds That Fiduciary Counsel Candidate Is Leading Case That Undermines CalPERS and CalSTRS
Yet more abuses and derelictions of duty by CalPERS’ general counsel Matt Jacobs. Please circulate this post to CalPERS and CalSTRS members.
Read more...CalPERS’ General Counsel Railroads Board on Fiduciary Counsel Selection
CalPERS’ general counsel is upping his power grab with the board’s selection of its fiduciary counsel.
Read more...Fourth Federal District Court Looks Likely to Uphold Fiduciary Rule
The Department of Labor is likely to delay implementation of the fiduciary rule beyond the original April 10 compliance deadline.
Read more...CalPERS’ Private Equity Portfolio Continues to Earn Way Too Little for the Risk
CalPERS private equity returns are not pretty, but at least the giant pension fund seems to recognize private equity’s glory years are past.
Read more...Are Fossil Fuel Companies Telling Investors Enough About the Risks of Climate Change?
A growing body of academic research suggests that investors already have enough information to accurately assess the impact of climate change
Read more...Los Angeles Times Calls Out CalPERS Board for “Trying to Muzzle” the One Director Who “Asks Tough Questions”
The Los Angeles Times weighs in on a story we broke. It sharply criticizes CalPERS trustees for trying to gag their most effective member.
Read more...“Hedge Fund Industry Gets Critical Trustee Defeated in Election”
Hedge funds score another win over sound public pension fund governance.
Read more...Are 401(k)s Contributing to the Growth of the Outsourcing of Jobs?
Yet another reason to regard 401(k)s as a failure….
Read more...CalPERS Tries to Hide Its Dirty Laundry, Threatens Most Effective Board Member: “Quit or Else”
CalPERS has managed to descend to a new low. Its strategy of trying to sweep fundamental problems under the rug has reached the point that the rug is not just lumpy but also starting to move. The latest shocker (and it is shocking) is that the board has launched a plan to strip JJ Jelincic, […]
Read more...Bill Black: CalPERS Seeks to Destroy Its Most Effective Director
Bill Black describes how an attack against a CalPERS trustee violates the board’s and the general counsel’s fiduciary duty.
Read more...How CalPERS’ Fiduciary Counsels Sabotage Good Board Governance and Quash Dissent
How CalPERS went from being a leader in good governance to being a train wreck, and now fixates on stymieing itsl one effective board member.
Read more...How The Bond Buyer Hyped a Goldman Ripoff of DC Water as “Deal of the Year”
Municipal bond publication The Bond Buyer gives itself a black eye by touting a ripoff of a sewer and water authority as a good deal.
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