Private equity is already under attack from politicians and regulators, and Mitt Romney’s presidential campaign is likely to attract even more unwanted attention. James Taylor and Nicholas Donato report
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
The design of the infrastructure fund model appears to be gradually evolving to meet investor needs. But this does not mean the industry can rest on its laurels. Chris Glynn caught up with two infrastructure professionals for their insights into the GP/LP dialogue
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
Four years after the joined the Australian toll road operator as chief executive officer, Chris Lynch announced he will step down from the company in July. A replacement has yet to be found.
2 min read · 15 January 2013
