These California state workers make over $1 million — and the list of millionaires is growing
The most recent salary data from the State Controller’s Office revealed that the number of million-dollar earning civil ...
California pension beneficiaries send billions in economic ripples across the state
Retirees’ spending in California communities contributed $28 billion in local wages and salaries, researchers found.
Bloomberg L.P.19d
Calpers Looks to Take-Private Deals as Trump Hits Renewables
One option for Calpers is taking companies private if their shares, already hammered by years of headwinds, decline further under Trump. The country’s largest public pension fund, which oversees ...
Pensions&Investments28d
CalPERS CIO makes his case for total portfolio approach to stakeholders
CalPERS CIO Stephen Gilmore made his case for the nation's largest public pension fund to change strategy and become one of the first in the U.S. to use a total portfolio approach, in remarks at ...
National Review4d
As Shortfalls Grow, Public-Pension Funds Roll the Dice
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San Diego Union-Tribune1mon
CalPERS takes unnecessary risks that could cost taxpayers
As is typical for pension investment portfolios, private equity on paper has been CalPERS’ highest-performing asset class, with a 20-year annualized return of 12.3%. However, this figure ...