Former directors have warned the US’s largest public pension fund is taking too much risk in unlisted investments ...

Calpers beat its assumed rate of return during the June year. But the pension fund was still outperformed by major indexes.

The California Public Employees’ Retirement System reported an 11.6% gain for its latest fiscal year, with returns driven by ...

California's biggest pension fund and markets around the world learned to live with President Trump's tariff threats. CalPERS ...

California’s largest pension system reported annual returns that were 1.7% higher than the fund’s benchmark in the last 12 months.

A forensic investigator said CalPERS’ reliance on private equity raises transparency concerns. Others dismissed those ...

CalPERS also needs higher contribution rates from employees. Today the state (read: taxpayers) pays in about $3 for every $1 in employee contributions.

CalPERS owns a $2.3 billion (0.3%) stake in Berkshire. CalPERS posts a 20-year compound average annual return of 6.2%. $100 invested with CalPERS 20 years ago would have added $233 in value.

Calpers, the largest public pension fund in the US, will invest $500 million each with TPG Inc. and GCM Grosvenor to help launch funds backing up-and-coming private equity firms, pension officials ...

CalPERS, like other institutional investors, is facing a long period of portfolio uncertainty thanks to the coronavirus outbreak. Brown may not be as courteous and tactful as her colleagues would ...

CalPERS also pushed to invest $1 billion with investment firms TPG Inc. and GCM Grosvenor to back up-and-coming buyout firms. Some investment staffers thought this did the opposite of what ...

CalPERS is doubling down on its climate-focused strategy. Its "centrally planned" approach will neither address global climate change nor help companies perform better.