Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity a crucial part of its investment strategy. But things haven’t been business as usual: he’s taken fund managers to task over alignment of interest, led an overhaul of the pension’s allocation model, sorted out the aftermath of a ‘pay-to-play’ scandal and hired a veteran private equity chief. Amanda Janis stops by Dear’s office in Sacramento to learn how CalPERS continues to find value in private equity
10 min read · 14 January 2013
Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity a crucial part of its investment strategy. But things haven’t been business as usual: he’s taken fund managers to task over alignment of interest, led an overhaul of the pension’s allocation model, sorted out the aftermath of a ‘pay-to-play’ scandal and hired a veteran private equity chief. Amanda Janis stops by Dear’s office in Sacramento to learn how CalPERS continues to find value in private equity
10 min read · 14 January 2013
Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity a crucial part of its investment strategy. But things haven’t been business as usual: he’s taken fund managers to task over alignment of interest, led an overhaul of the pension’s allocation model, sorted out the aftermath of a ‘pay-to-play’ scandal and hired a veteran private equity chief. Amanda Janis stops by Dear’s office in Sacramento to learn how CalPERS continues to find value in private equity
10 min read · 14 January 2013
Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity a crucial part of its investment strategy. But things haven’t been business as usual: he’s taken fund managers to task over alignment of interest, led an overhaul of the pension’s allocation model, sorted out the aftermath of a ‘pay-to-play’ scandal and hired a veteran private equity chief. Amanda Janis stops by Dear’s office in Sacramento to learn how CalPERS continues to find value in private equity
10 min read · 15 January 2013
The pension system, with $144.8bn in assets, is altering its private equity investment policy to allow for investments in separately managed accounts, a model that appears to be gaining popularity among large institutions.
2 min read · 15 January 2013
As a state government official, Dale Bonner helped pioneer California privatisation. Now a master fixer for hire, he talked to Chris Glynn about his raison d’être: private capital and Golden State infrastructure
5 min read · 15 January 2013
Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity a crucial part of its investment strategy. But things haven’t been business as usual: he’s taken fund managers to task over alignment of interest, led an overhaul of the pension’s allocation model, sorted out the aftermath of a ‘pay-to-play’ scandal and hired a veteran private equity chief. Amanda Janis stops by Dear’s office in Sacramento to learn how CalPERS continues to find value in private equity
10 min read · 15 January 2013
The pension system, with $144.8bn in assets, is altering its private equity investment policy to allow for investments in separately managed accounts, a model that appears to be gaining popularity among large institutions.
2 min read · 14 January 2013
The pension system, with $144.8bn in assets, is altering its private equity investment policy to allow for investments in separately managed accounts, a model that appears to be gaining popularity among large institutions.
2 min read · 14 January 2013
The pension system, with $144.8bn in assets, is altering its private equity investment policy to allow for investments in separately managed accounts, a model that appears to be gaining popularity among large institutions.
2 min read · 14 January 2013
