Yet more data confirming that private equity is not what it is cracked up to be unless you do it in house.
PE firms are paying prices at the peak of the market, amid ceaseless complaints that there isn’t enough inventory of homes for sale,
CalPERS is about to take another great leap backwards in private equity.
Oxford professor Ludovic Phalippou gives a decisive debunking of the claim that private equity outperforms.
Not surprisingly, action in the wake of private equity investors Bain, KKR and Vornado stiffing Toys 'R' Us workers of their severance have generated more press than restitution. But some of the ideas bruited about would have real teeth.
Beware of the private equity "innovation," the long-lived or "permanent capital" fund. It is virtually guaranteed to short change investors on returns needed to compensate for the longer holding period.
A leaked memo written for CalPERS by Silicon Valley attorney Larry Sonsisi not only reflects poorly on him and CalPERS, but also validates concerns about corruption.
CalPERS, in a desperate-looking defense of its private equity outsourcing scheme, scores an own goal.
McKinesy and CalPERS appear to be kidding themselves at least as much as the general public on the subject of private equity.
Toys R Us stores will shutter this month: private equity firms killed the company, and its workers are left with no severance.
CalPERS gets more thumbs down on its new private equity gimmick.
CalPERS' Chief Investment Officer Ted Eliopoulos seemed unable to offer a truthful, coherent rationale for two new private equity schemes he unveiled last Friday. CalPERS beneficiaries and California taxpayers should be worried.
Congress has failed to use Congressional Review Act procedures to scupper the payday lending rule. Pending CFPB and court challenges may still doom the measure.
A brazen example of CalPERS staff trying to muscle board members and have them violate their fiduciary duty regarding a massive, misguided, and sketchy private equity outsourcing scheme.
More SEC enforcement theater on the private equity front.
A successful public pension fund reformer explains how determined foes of transparency and accountability play dirty.
More on the sketchy history of CalPERS' new CEO, Charles Asubonten.
Further discussion of the mystery of how CalPERS CFO Charles Asubonten got hired.
Why the hiring of Charles Asubonten as CFO of CalPERS is a serious governance lapse.