Investors beware! A large scale study found that every unicorn it looked at was overvalued, on average to a significant degree.
Read more...Private equity is getting more critical coverage and legal pushback, as it wrecks yet more companies.
Read more...In a refreshing development, a private equity con, subscription line financing, is so extreme that members of the industry are opposing it.
Read more...Further discussion of why CalPERS’ latest Big Idea for private equity needs a Big Rethink.
Read more...CalPERS’ staff is trying to railroad the board with a not-very-well-thought out idea of an “independent” private equity venture.
Read more...Kentucky Retirement Systems huffs and puffs at Naked Capitalism.
Read more...CIO Ted Eliopoulos digs CalPERS a bigger PR hole and CalPERS’ board is so thick that it approves.
Read more...We appear on Harry Shearer’s Le Show, discussing private equity and CalPERS. Be sure to tune in!
Read more...Uber is over. But since many have money and reputations at stake, and Uber has cash to burn, it will take a while for that to be undeniable.
Read more...Why Uber is toast.
Read more...CalPERS is lying with numbers yet again, this time with its private equity benchmarks.
Read more...One of the reasons we’ve had insight into what CalPERS is thinking is that it has an internal news site that it curiously has not password protected, as you’d expect, particularly given how it operates.1 Historically, we found it useful not only because it gave us insight into what the Office of Public Affairs (PAOF) […]
Read more...In other CalPERS posts today, we discuss the legal and IT implications of the fact that Christopher Philips, a member of CalPERS’ legal department, posted comments seeking to undermine our credibility and that of board member JJ Jelincic. We explain how Phillips violated California bar rules. As a result of examining California State Bar Act […]
Read more...A CalPERS employee appears to have broken state bar rules in a meant-to-be anonymous comment left at Naked Capitalism.
Read more...An IT professional’s take on a CalPERS security lapse:” It looks like their network security monkey is pretty lazy.”
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