Opponents of the transparency bill say requiring more disclosures around private equity will put CalPERS at a disadvantage.

Private credit is not inherently fraudulent, but for CalPERS it has proven expensive, opaque, concentrated in deteriorating sectors, and ethically compromised.

Every four years, California’s largest public pension fund undertakes a reevaluation process to balance its anticipated investment returns with the expected cost of benefits paid to retirees. This ...

(The Center Square) - California’s main state retirement fund, CalPERS, announced the hiring of a new chief diversity, equity, and inclusion officer whose listed duties include integrating DEI ...