Category Archives: Private equity

Private Equity Expert Dr. Ashby Monk Repudiates CalPERS CEO Marcie Frost’s Private Equity Scheme During and Immediately After Presentation at CalPERS

CalPERS can’t even get friendly private equity experts to back Marcie Frost’s hare-brained scheme.

CalPERS Star Hire Elisabeth Bourqui Resigns Suddenly After Only Eight Months, an Indictment of CEO Marcie Frost; Insiders Speculate Private Equity Was the Cause

CalPERS loses a highly qualified top executive. CEO Marcie Frost’s fingerprints are all over the departure, in a bad way.

CalPERS’ Private Equity “Fire, Aim, Ready”: Railroading Board by Screening Candidates Before Scheme Approved; Seeking to be Victimized Again by Silver Lake Partners

Another CalPERS PR gambit backfires, revealing yet more problems with CalPERS private equity scheme.

CalPERS’ Bill Slaton (Again) Embarrasses Himself and the CalPERS Board

CalPERS board member Bill Slaton demonstrates why he needs to go sooner rather than later.

CalPERS Admits Its New Private Equity Funds Will Dilute Returns, Seeks to Change Benchmark to Hide That; Presents Other Questionable Claims as Top Investors Underperform Due to “Alternative Investments”

Awfully late in the game, CalPERS finally tries to ‘splain its private equity plans. The giant fund only digs its hole deeper.

Our New York Magazine Article: “‘Alpha Wolves in the Henhouse’: California’s Multibillion-Dollar Private-Equity Boondoggle”

Putting CalPERS under the hot lights for its questionable private equity plans.

JJ Jelincic: CalPERS’ New Private Equity Model – What’s the Payoff?

CalPERS claims for its private equity “new business model” don’t add up. That suggests there are other motives.

Pathbreaking Fiduciary Duty Suit Against KKR/Prisma, Blackstone, PAAMCO, and Others to Proceed

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.

CalPERS PR Messaging on Private Equity Backfiring as Lack of Justification, Flailing About, Become Obvious

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.

Post Office Privatization Thrust Awaits (Stalled) Publication of Trump Task Force Report

The Post Office, its Universal Service Obligation, privatization efforts, how (and possibly why) those efforts are stalled.

Sears Bankruptcy Engineered to Benefit Executives and Stiff Workers

Another look at the ugly Sears bankruptcy.

New York Media Touts Private Equity Obamist Deval Patrick as Presidential Candidate

Why is the media covering up that Deval Patrick became wealthy via asset-stripping at Bain Capital?

CalPERS Abandons One Part of Private Equity Scheme, Lies About the Rest, but Addled Business Press Continues to Get the Story Wrong

CalPERS is flailing about with its private equity “new business model.”

Our New York Magazine Article: “Fake ‘Unicorns’ Are Running Roughshod Over the Venture Capital Industry”

Fake unicorns are a real problem for the venture capital industry.

CalPERS Self-Dealing: Board and Staff Grift at CalPERS Expense Via Grossly Underpriced Liability Waiver; Fiduciary Self-Insurance Policy “Invalid on Its Face” Due to Lack of Reserves

CalPERS board members and staff have violated state conflict of interest rules to a degree that appears to be criminal.