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Editorial: Shame on California lawmakers for killing fossil fuel divestment bill again
Los Angeles Times· 48 minutes agoIn a state whose leaders speak with urgency about fighting climate change, it’s shameful and...
It’s time for the legislature to require CalPERS, CalSTRS to divest from fossil fuels | Opinion
Sacramento Bee via AOL· 7 days agoCalPERS and CalSTRS are essentially saying they don’t want the legislature telling them what to do....
CalPERS looking for some new recruits; private debt understaffed
Pensions & Investments· 7 days agoCalPERS is looking for more executives as it tries to staff up its private credit team, including replacing its global head of private debt, and beef up its private equity ...
Fossil fuel divestment bill runs out of gas again in California
Pensions & Investments· 2 days agoA California bill that would have required CalPERS and CalSTRS to divest from fossil fuel companies is being shelved by the author, Majority...put forward before a June 19 ...
US Pensions Vie With Gulf Funds for First Shot at PE Deals
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- It took Scott Chan two years to convince his bosses at the California State Teachers’...
Elon Musk's pay package approval was a 'mistake' and Tesla needs to keep him in check, some...
Business Insider via Yahoo News· 6 days agoThe California Public Employees' Retirement System, or CalPERs, which, according to the pension...
Pensions Piled Into Private Equity. Now They Can’t Get Out.
The Wall Street Journal· 6 days agoIn exchange, they got a promise of high returns after a decade—and often received healthy cash...
Gateway - Quartz
Quartz· 3 days agoThe proxy battle to decide the future of The Walt Disney Company is leaning in favor of the current board of directors, as Nelson Peltz’s Trian Partners loses a major potential backer. The Wall ...
Bakersfield City Council reviews $869 million budget
The Bakersfield Californian via Yahoo News· 5 days agoDespite the hand-wringing and tightening of belts seen on Capitol floors in Sacramento and Washington, D.C., the city of Bakersfield expects 2025, in fiscal terms, to be “stable with some growth ...
Rich donors are still staring at the sun
Politico· 2 days agoThe committee’s proposed amendments would allow continued investments in oil companies via index funds, which CalPERS and CalSTRS rely on for much of...