CalSTRS’ Top 10 Stock Holdings Now Include Exxon Mobile and Berkshire Hathaway
Meta Platforms, Samsung Electronics and Nvidia have
all fallen out over the course of 2022.
California State Teachers’ Retirement System
CalSTRS Sees Co-Investing Accounting for a Third of PE Deal Flow in Two to Three Years
Effort to do more such deals is driven by a desire to
reduce costs by $300 million annually.
Oregon State Treasury Fills ‘Fundamental” Role with CalSTRS’ Team Member
As stewardship investment officer, Philip Larrieu will
focus on maximizing Oregon’s public equity holdings through corporate
engagement.
CalSTRS and KTCU Poised to Do Second Real Estate JV
Two teacher pension funds struck $500 million deal to
invest in logistics centers in March.
CalSTRS Passes Its Private Equity Allocation Target
System, though, remains active in the asset class,
deploying $5.1B in the first half of ’22.
CalSTRS Takes Initial Step Toward Achieving Net Zero
Pension
fund gets OK to shift 20% of public equities to low-carbon index and to adopt a
net zero investment decision process.
CalSTRS Seeking Individuals to Oversee Private & Public Market Activities
System
posts listings for two new roles; individuals would report to Deputy CIO Scott
Chan.
CalSTRS and CalPERS Look to Significantly Increase Co-Investing; Other Public Pension Funds See Potential in Strategy
Potential
to reduce fees paid to PE managers and generate strong returns spurs
institutional investors to find ways to collaborate with firm managers.
CalSTRS Lays Out Plan for Cutting Investment Costs
Pension plan sees private
equity co-investing as key component but needs the right people to execute.
LACERA, CalSTRS and Alaska Perm Show What’s Possible as Investment Offices Seek to Cut Fees
Plans see, project big savings from bringing investment functions in-house.