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 One of the biggest sources is so-called leveraged loans, which are normally originally made by banks, but […]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...More on how CalPERS will get its pockets picked in its newfangled private equity scheme.
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...CalPERS can’t even get friendly private equity experts to back Marcie Frost’s hare-brained scheme.
Read more...CalPERS loses a highly qualified top executive. CEO Marcie Frost’s fingerprints are all over the departure, in a bad way.
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...Awfully late in the game, CalPERS finally tries to ‘splain its private equity plans. The giant fund only digs its hole deeper.
Read more...Putting CalPERS under the hot lights for its questionable private equity plans.
Read more...CalPERS claims for its private equity “new business model” don’t add up. That suggests there are other motives.
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.
Read more...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.
Read more...The Post Office, its Universal Service Obligation, privatization efforts, how (and possibly why) those efforts are stalled.
Read more...Another look at the ugly Sears bankruptcy.
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