CalPERS news from FierceFinance

The health of state and local finances across the nation is deplorable right now, and more than a few analysts and pundits have warned the news is likely to get worse soon. Some have predicted a wave Read more...

We noted recently that a tremendous opportunity seems to be opening up for smaller hedge funds. At some big pension, the need for souped-up performance now apparently outweighs the lower level of Read more...

Most people assume that in the Dodd-Frank era, large hedge fund companies have a leg up, given their ability to invest in compliance programs and their more established track records. But the need Read more...

CalPERS considers itself a leader in the shareholder movement to force public companies to improve their corporate governance practices. It has recently targeted Goldman Sachs and JPMorgan Chase. But Read more...

A lot of institutions got burned in the hedge fund pyrotechnics that flowed from the financial crisis. But pensions are as interested as ever in investing in hedge funds specifically and alternatives Read more...

Fund raising is much tougher for private equity firms these days. The days of near-$20 billion funds seem to be long gone. But for some, the time of fund raising is now. And you perhaps need to pull Read more...

Secondary deals are winner for much of the private equity deal supply chain. Sellers generate large profit. Buyers get to deploy capital that perhaps had gone unused. And the investment banks earn Read more...

The golden era of private equity (private equity news) ended years ago. But talk of a resurgence has been going ever since. There's been sporadic bursts of good news, when sponsor-backed IPOs heated, Read more...

A few pensions have broken new ground when it came to pressing hedge funds to be more transparent about their fees and other dealings. For several years now, CalPERS has been aiming to secure better Read more...

CalPERS, the giant California pension, stands as an apt symbol for the entire public pension fund system (pension fund news), which will soon face some stark decisions on its inability to keep assets Read more...