A leaked memo written for CalPERS by Silicon Valley attorney Larry Sonsisi not only reflects poorly on him and CalPERS, but also validates concerns about corruption.
Read more...CalPERS, in a desperate-looking defense of its private equity outsourcing scheme, scores an own goal.
Read more...McKinesy and CalPERS appear to be kidding themselves at least as much as the general public on the subject of private equity.
Read more...Toys R Us stores will shutter this month: private equity firms killed the company, and its workers are left with no severance.
Read more...CalPERS gets more thumbs down on its new private equity gimmick.
Read more...CalPERS’ Chief Investment Officer Ted Eliopoulos seemed unable to offer a truthful, coherent rationale for two new private equity schemes he unveiled last Friday. CalPERS beneficiaries and California taxpayers should be worried.
Read more...Congress has failed to use Congressional Review Act procedures to scupper the payday lending rule. Pending CFPB and court challenges may still doom the measure.
Read more...A brazen example of CalPERS staff trying to muscle board members and have them violate their fiduciary duty regarding a massive, misguided, and sketchy private equity outsourcing scheme.
Read more...Why the departure of Ted Eliopoulos from CalPERS could wind up being the end of an era.
Read more...More SEC enforcement theater on the private equity front.
Read more...Yet another stunning indictment of public pension fund management. If the biggest funds with the best staffs can’t beat a simple Vanguard portfolio, why aren’t more heads rolling?
Read more...A successful public pension fund reformer explains how determined foes of transparency and accountability play dirty.
Read more...More on the sketchy history of CalPERS’ new CEO, Charles Asubonten.
Read more...Further discussion of the mystery of how CalPERS CFO Charles Asubonten got hired.
Read more...Why the hiring of Charles Asubonten as CFO of CalPERS is a serious governance lapse.
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