CalPERS’ first move towards a new total portfolio approach
CIO spoke about a new portfolio to be ready by
July 2026.
California
SJCERA names a new investment officer
The $4.6bn pension plan finds a new investment officer
to fill Paris Ba’s role
CalPERS CIO lobbies for a total portfolio approach
At the recent meeting, the CIO spoke about better
returns, staff accountability and board risk appetite management with this approach.
CalSTRS to rollout a new consultant search RFP
The
pension plan will review a RFP for its general consultant search in the
upcoming meeting
CalPERS crosses $50B in climate solutions investments
The
California-based pension plan aims to make $100bn of such investments by 2030
CalSTRS introduces a new division, draws fiscal year 2025 plan
The
$337.9bn system has introduced a total fund management division alongside
drawing plans for individual asset classes.
CalSTRS appoints a senior investment director
June
Kim, the newly appointed senior investment director, will continue to work with the Global Equity team until a new director of
Global Equity is hired.
CalSTRS and Kenny Lewis join for non-sponsored senior lending
The $337.9bn
pension fund forms alliance with Kennedy Lewis Investment Management to focus
on senior corporate lending for non-sponsored borrowers.
CalPERS makes new $10bn commitments to its climate transition plan
The $502bn system will commit $100bn to climate solutions by 2030. The system was first presented with the climate action plan in November.
California Appeals Court rules in favor of LACERA to set employment classification and salaries amid backlash from the county
The ruling states that Board of Supervisors must comply with the classifications and salaries within its own functioning