CalPERS’ Deputy CIO Dan Bienvenue stepping down
Bienvenue is leaving to join private equity firm General Atlantic as managing director, leading the firm’s capital solutions initiatives for pension plans.
CalPERS
CalPERS adding commitment to labor issues to proxy-voting guideline
In the updated guideline, the plan said it would hold “appropriate director nominees accountable at companies lacking human capital management related disclosures consistent with CalPERS’ Governance and Sustainability Principles and Labor Principles.'”
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.
CalPERS crosses $50B in climate solutions investments
The
California-based pension plan aims to make $100bn of such investments by 2030
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.
Largest US Pension Fund CalPERS to increase allocations to non-core Real Assets strategies
The $501.39 system has repositioned its portfolios to benefit from non-core RA strategies. Core strategies exceed return benchmarks.
CalPERS Appoints a New CFO
Michele Nix has been promoted to the role of
CFO, after ex- CFO Michael Cohen’s appointment as fund’s chief operating investment
officer.
CalPERS’s Jean Hsu Steps Down
Jean Hsu steps
down after almost 25 years at the largest US pension fund
Stephen Gilmore Chosen as CalPERS CIO
Could he be the answer the largest pension fund in the U.S. has been seeking for 5 years?
CalPERS Announces Elected Board President and Vice President
The re-election of Theresa Taylor as president and David Miller as vice president underscores the continued trust and confidence the CalPERS Board places in their leadership and experience.