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1. • CalPERS ditches automatic discount rate reductions, giving power back to board

     Pensions & Investments· 3 days ago

     CalPERS walked back a policy that automatically reduced the $491.4 billion pension fund's expected investment return and its strategic asset allocation when actual investment ...

2. • CalPERS, Leader in Sustainable Investment, Stays the Course on ESG

     Morningstar· 4 days ago

     California, the land of superlatives, of course has the largest retirement system in the U.S. This is CalPERS, the California Public Employees Retirement System, with 2.2 ...

3. • 

     How Gavin Newsom’s budget sidesteps the growing cost of CalPERS pensions, for one year

     The Desert Sun· 4 days ago

     More generous-than-expected raises for California state workers are nudging up the cost of public...

4. • 

     San Mateo faces budget concerns

     San Mateo Daily Journal· 14 hours ago

     Like many throughout the county and state, San Mateo is the latest Peninsula city to report concerning budgetary projections in light of pension...

5. • 

     Bay Bridge Ventures is raising $200M for a new climate fund, filings show

     TechCrunch· 3 days ago

     Climate investor Bay Bridge Ventures is raising a new $200 million fund, TechCrunch has exclusively...

6. • 

     Final Disney Proxy Vote Tally Shows Blowout Win for Bob Iger

     The Hollywood Reporter via Yahoo Finance· 2 days ago

     The votes have been tallied, and Disney’s victory over the activist investor Nelson Peltz and his...

7. • 

     A $9.5 Trillion Investor Group Wants Private Market Reforms

     Bloomberg via Yahoo Finance· 2 days ago

     (Bloomberg) -- Global ESG investors with $9.5 trillion under management say it’s time to demand more...

8. • 

     Budget deficit only temporary according to Grass Valley city manager

     The Grass Valley Union· 7 days ago

     At this week’s Grass Valley City Council meeting there was some discussion and misunderstanding...

9. • 

     Dems narrow the swing district gap

     Politico· 3 days ago

     (San Diego Union-Tribune) BUDGET BENDING — How Gavin Newsom’s budget sidesteps the growing cost of CalPERS pensions, for one year. (Desert Sun)...

10. • 

      Capitol Corner: When celebrities push bills at California’s Legislature

      The Lake County Record-Bee· 4 days ago

      It was a somber, and at times tearful, gathering Monday as legislators and advocates promoted a bill...