CalPERS Chief Investment Officer Nicole Musicco to Exit Sept.29
She will be the 7th Chief Investment Officer in two decades to leave the largest pension fund in the United States.
Nicole Musicco
Private Equity Drags Down CalPERS’ Results
Program’s private equity program reports a loss, leads to restatement of year-end numbers .
CalPERS’ Head of Private Equity Departs
Greg Ruiz joins Jasper Ridge Partners after helping ‘turn
around’ CalPERS’ PE program.
CalPERS Could Become a Big Secondary Buyer
System
in rare position to not only pursue fund stakes, but also do more co-investing.
CalPERS Looks to Up Its Private Equity & Infrastructure Investing
Plan also seeks to give leadership more authority to
approve fund investments, co-investments, and secondary transactions.
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.
CalPERS’ Reports First Loss Since 2009
Strong
returns from private markets cannot offset equity and fixed income losses.
CalPERS Pulls Off Record Secondary PE Sale, Will Other LPs Follow?
Musicco says move enables pension plan to
‘capitalize on market opportunities.’
Institutional Investors Braced for Drop in PE & VC Valuations
Growth and late-stage VC expected to take worse
hit – an event that may slow fundraising rush.
So, You Want to Be a CIO….?
CalPERS’
Musicco & UTIMCO’s Hall start new roles in downturn.