The Latest Breaking News from CalPERS

From 2019 to 2024, average CEO pay at these firms climbed 34.7%, compared with just a 16.3% rise for their average worker pay. Inflation was 22.6% over the same period.

Many have started to recognize a need to focus on their core business rather than virtue-signaling.

CalPERS backs Peltz and Rasulo in Disney board battle for governance reform, reflecting growing investor dissatisfaction and pressure on Disney's leadership.

CalPERS calls on Exxon Mobil to drop lawsuit against climate-conscious investors, emphasizing importance of shareholder engagement on climate change.

An interesting, but little-known compliance requirement makes private equity and VC firm employees register as lobbyists.

A16z has raised $400 million from CalPERS for a new fund, and it is seeking at least one investment from CalSTRS.

Investors dished on big topics in the private markets at the Primary NYC Summit last week.

Tiger 'cub' Chase Coleman III's firm backed the equivalent of a startup a day in 2021 at wild prices, helping inflate a venture bubble. Now the firm is facing a reckoning.

House Judiciary Committee Chairman Jim Jordan (R-Ohio) requested documents late last year from the California Public Employees’ Retirement System (CalPERS), the largest public pension system in the country, and Ceres, a nonprofit group that advises CalPERS on environmental matters. The committee is seeking information about CalPERS’ ESG efforts and the…