Investments

CalPERS Calls on White House for Proxy Access Support
June 17, 2010
Joe Dear, CalPERS Chief Investment Officer today sent a strong message to White House advisor Valerie Jarrett calling on her and the Obama Administration to publicly oppose the Senate's proxy access amendment imposing a 5% ownership requirement.
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CalPERS Investment Firms Agree to Stop Use of Placement Agents with Fund
June 16, 2010
Relational Investors LLC, a corporate governance fund, and Los Angeles-based Ares Management LLC have agreed to stop using placement agents to secure business from the pension fund.
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CalPERS Signs On to Letter Backing Corporate Governance Reforms
June 8, 2010
CalPERS and 20 other public pension plans wrote to a pair of key lawmakers to urge them to keep corporate governance provisions in the final version of the financial regulations reform bill.
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Placement Agent Bill to Prevent Corruption in Public Pension Systems Passes Assembly
June 2, 2010
A bill that would require rigorous regulation of placement agents advanced today in the California Assembly.
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CalPERS Toughens Ethics, Accountability: A Track Record of Reforms and Actions
May 6, 2010
CalPERS has taken aggressive steps to implement policies and reforms that strengthen the pension fund’s accountability and ethics, and to ensure full transparency.
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CalPERS CIO: "No money manager needs to hire a placement agent"
April 7, 2010
CalPERS Chief Investment Officer Joseph Dear testifies before the California Assembly Committee on Public Employees, Retirement and Social Security in support of AB 1743 which would require placement agents to register as lobbyists...
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CalPERS Backs Federal Financial Reform Bill
March 16, 2010
CalPERS Backs Federal Financial Reform Bill
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CalPERS Endorses Investors’ Appeal for Shareowner ‘Say on Pay’
January 28, 2010
Continuing its long-standing policy of encouraging good corporate governance, CalPERS has joined 26 other pension fund directors and elected officials...
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CalPERS Sees Strong Investment Gains in 2009
January 21, 2010
CalPERS earned an 11.80 percent return on investments for the one-year period ended December 31, 2009.
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CalPERS Chief Investment Officer: "Portfolio up $47 Billion"
January 14, 2010
Joe Dear, CalPERS CIO appears on CNBC's "Closing Bell" and gives his market outlook for 2010 and discusses initiatives the pension fund is taking for long-term investment growth.
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CalPERS Board Toughens Ethics Guidelines
December 29, 2009
The CalPERS Board of Administration has strengthened ethics policies that guide how the fund is governed.
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The Other Side to Today’s Pensions & Investments Story on CalPERS Real Estate
December 28, 2009
Pensions & Investments today reported on losses in the CalPERS real estate portfolio. The story reported lessons that CalPERS has learned from the unprecedented real estate devaluation that has affected all major investors.
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The Other Side to Today’s CalPERS Wall Street Journal Story on Private Equity
December 9, 2009
The Wall Street Journal today chided CalPERS reporting a disparity between its fixed income performance versus industry peers and the performance of its Alternative Investment Management (AIM)...
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CalPERS to Congress: Back Wall Street Reform Legislation
December 9, 2009
CalPERS is seeking congressional support for legislation to plug regulatory gaps and prevent corporate malpractice that contributed to the nation’s financial crisis.
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CalPERS Backs Tough Ethics Rules for Placement Agents
November 30, 2009
CalPERS Board President Rob Feckner has directed CalPERS staff to pursue legislation that would require placement agents to be subject to the reporting and ethics rules governing lobbyists under the California Political Reform Act.
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CalPERS Chief Investment Officer Urges Market Reform
November 3, 2009
CalPERS CIO Joe Dear spoke to the National Press Club in Washington, D.C., about the need to get tough on market regulatory reform and and corporate governance.
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CalPERS Says Reuters Story is False
October 23, 2009
CalPERS challenged Reuters news about its recent October 23 story titled “Laying on Bets at America’s Biggest Pension Fund”...
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We Have a Disciplined, Proactive Approach
September 23, 2009
While no one can predict what will happen in the markets, we’re aggressively developing strategies to increase future earnings.
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