California Public Employees Retirement System
California Public Employees Retirement System Newswire (Page 10)

California Public Employees Retirement System Newswire (Page 10)

Comprehensive Real-Time News Feed for California Public Employees Retirement System. (Page 10)

Results 181 - 200 of 1,169 in California Public Employees Retirement System

  1. Is Hedge Fund Hatred a Bad Sign for Stocks?Read the original story w/Photo

    May 20, 2015 | Barron's

    Much of the negative press has rightly focused on subpar performance relative to low-priced stock indexes along with the fat fees that many funds continue to charge even in light of all the scrutiny about overly rich compensation. Anyone who follows the financial press knows how gleeful and validated the haters felt when the California Public Employees' Retirement System , the largest pension fund in the U.S., announced last fall that it would pull all $4 billion from its hedge fund investment program.

    Comment?

  2. QIC and CalPERS launch $764 mln partnershipRead the original story w/Photo

    May 20, 2015 | PE Hub

    QIC, a global diversified alternatives investment firm offering infrastructure, real estate, private equity, liquid strategies and multi-asset investments, and one of Australia's largest institutional investment managers, today announced that it had formed a US$764 million Asia-Pacific infrastructure partnership with the California Public Employees' Retirement System , one of the largest public pension funds in the United States. The partnership represents CalPERS' first Asia-Pacific infrastructure commitment and adds another of the world's largest pension funds to QIC's infrastructure client base.

    Comment?

  3. McDonald's shareholders to weigh director-nomination rulesRead the original story w/Photo

    May 21, 2015 | Silicon Alley Insider

    The California Public Employees' Retirement System and the New York City Pension Funds have urged shareholders to vote for proxy access at McDonald's, and influential proxy advisory firms Institutional Investor Services and Glass Lewis & Co have recommended that their clients support it. "We believe that making McDonald's leadership at the board level more accountable to shareholders ensures that the board is the strongest it can be to usher in a new chapter of prosperity for the benefit of the company, its employees, and shareholders," said Meredith Miller, chief corporate governance officer, UAW Retiree Medical Benefits Trust.

    Comment?

  4. Strong demand drives Clearlake through fundraisingRead the original story w/Photo

    May 19, 2015 | PE Hub

    Clearlake Capital Group is moving quickly through fundraising on its next flagship vehicle and expects to have a strong first close near its target, according to a person with knowledge of the fundraising. The firm is expected to hold a first close this month on Clearlake Capital Partners IV, which is targeting $1 billion with a $1.25 billion hard cap.

    Comment?

  5. Upland to discuss finances at June meetingsRead the original story w/Photo

    May 18, 2015 | Inland Valley Daily Bulletin

    UPLAND >> June is going to be busier than usual for the City Council with several meetings focused on its financial outlook. The Finance Committee, a council subcommittee, will meet June 1 to get the first glimpse of the city's 2015-16 budget.

    Comment?

  6. San Bernardino bankruptcy plan gets groupa s supportRead the original story w/Photo

    May 16, 2015 | San Bernardino County Sun

    SAN BERNARDINO >> The deep cuts and extensive restructuring proposed in the city's bankruptcy exit plan got a unanimous thumbs-up from its strategic planning core team on Saturday, as the City Council prepares to vote on the plan Monday. That decision came after a sober - although at times optimistic for the long term - presentation on the city's current situation and possible future that was led mostly by the city's consultants.

    Comment?

  7. EDITORIAL: Plan ducks pension reformRead the original story w/Photo

    May 15, 2015 | The Press-Enterprise

    ... annually. As for pensions themselves, the city has a deal with the giant California Public Employees Retirement System to maintain the pension system status quo. Like it did during the Stockton bankruptcy, CalPERS threatened San Bernardino with ...

    Comment?

  8. Cassie MacDuffGOVERNMENT: Long-awaited bankruptcy plan arrivesRead the original story w/Photo

    May 15, 2015 | The Press-Enterprise

    ... maneuvers by creditors and employee unions that cost it precious time. The California Public Employees Retirement System was the first and biggest opponent. After the city stopped paying into the plan, many months of court hearings and private talks ...

    Comment?

  9. San Bernardino plans huge reductions in bankruptcy planRead the original story w/Photo

    May 14, 2015 | San Bernardino County Sun

    SAN BERNARDINO >> The proposed bankruptcy exit plan released to the public for the first time Thursday would pay 1 percent of the $50 million owed to pension obligation bondholders, slash retirees' healthcare coverage, and contract out for services, including fire and waste disposal, among other changes. The City Council is set to vote Monday on the plan prepared over the last few months by city leaders, consultants and attorneys, in advance of the May 30 deadline to submit the roadmap - called a Plan of Adjustment - to U.S. Bankruptcy Court.

    Comment?

  10. Calpers Puts Portion of Timber Holdings Up for SaleRead the original story

    May 16, 2015 | NACD

    The Wall Street Journal has learned that "the California Public Employees' Retirement System, or Calpers, is seeking buyers for roughly 300,000 acres of forestry largely in Louisiana amid a broader review of its timber holdings." The woodland represents nearly 20 percent of the nearly 1.3 million U.S. acres controlled by the Sacramento-based public pension fund.

    Comment?

  11. San Bernardino offers plan to emerge from bankruptcyRead the original story

    May 15, 2015 | Los Angeles Times

    ... moved to protect pensions. It plans to pay off its $14-million debt to the California Public Employees Retirement System and has been making payments. Other pension bond holders have fought unsuccessfully in court for a similar deal, Parker said. ...

    Comment?

  12. Appellate Court Warning: Pension Funds May Get Stuck with Unintended...Read the original story w/Photo

    May 15, 2015 | JD Supra

    On May 8, 2015, the Second District Court of Appeal in Los Angeles revived a $35 million lawsuit against CalPERS in Centinela Capital Partners LLC v. California Public Employees' Retirement System .

    Comment?

  13. Press Digest- Wall Street Journal - May 15Read the original story

    May 14, 2015 | Reuters

    May 15 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

    Comment?

  14. Calpers to Sell Portion of Timber HoldingsRead the original story w/Photo

    May 14, 2015 | Wall Street Journal

    The California Public Employees' Retirement System, or Calpers, is seeking buyers for roughly 300,000 acres of forestry largely in Louisiana amid a broader review of its timber holdings, according to people familiar with the matter.

    Comment?

  15. DuPont, activist Peltz head toward showdown voteRead the original story w/Photo

    May 14, 2015 | The China Post

    ... The company has picked up support from shareholders that include the California Public Employees Retirement System (CalPERS), the Canadian Pension Plan Investment Board, Robinson Investment Group and Boston Trust & Investment Management Company. ...

    Comment?

  16. San Bernardino: Plan released to exit bankruptcyRead the original story w/Photo

    May 14, 2015 | The Press-Enterprise

    ... as City Hall as collateral and ultimately repay them at a much later date. The California Public Employees Retirement System, with which the city had reached a deal last year, will emerge unscathed and be fully paid. The plan offers the first ...

    Comment?

  17. The canary in Costa Mesa's coalmineRead the original story w/Photo

    May 14, 2015 | The Wave

    A largely academic study presented by Costa Mesa's Pension Oversight Committee has reaffirmed what those paying attention to the mounting pension crisis already knew: Pension payments will soon outpace general fund revenue growth and risk crowding out necessary services. While the report was largely an exercise in what could be, it was also a warning of what is to come if municipalities across the state and nation do not get a grip on ballooning public employee retirement costs.

    Comment?

  18. Judge dismisses lawsuit against city's full CalPERS paymentsRead the original story

    May 13, 2015 | KMPH-TV Fresno

    A judge has dismissed a lawsuit from creditors challenging the city of San Bernardino's decision to make its full payments to the California Public Employees' Retirement System. The Sacramento Bee reports that U.S. Bankruptcy Judge Meredith Jury ruled Monday against the two disgruntled bond creditors, Ambac Assurance Corp. and a Luxembourg bank named EEPK.

    Comment?

  19. San Bernardino plan to exit bankruptcy to be released ThursdayRead the original story w/Photo

    May 13, 2015 | San Bernardino County Sun

    SAN BERNARDINO >> City officials say they will release a sweeping bankruptcy exit plan Thursday afternoon and ask the City Council on Monday to commit to changes they say will significantly affect residents, employees and creditors for years to come. But treatment under the plan - which the city is required to present to U.S. Bankruptcy Judge Meredith Jury by May 30, after which legal battles over its proposals will begin - isn't equal for all groups, said City Attorney Gary Saenz.

    Comment?

  20. Blackstone to get its money back on Accuvant after just a yearRead the original story w/Photo

    May 13, 2015 | PE Hub

    Denver-based Accuvant, a provider of cybersecurity software and services, is in the market with $195 million in add-on term loans that it will use to fund a dividend to shareholders, according to Thomson Reuters Loan Pricing Corp . Jefferies is leading the deal, LPC said.

    Comment?