Tag: Calpers

Finance

Calpers Unloads Record $6 Billion of Private-Equity Stakes at Discount

07/07/2022
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(Bloomberg) — The California Public Employees’ Retirement System sold about $6 billion of its stakes in private equity funds to second-hand buyers, severing ties with a slew of past managers and...

Finance

Shopify Faces Off Against Calpers, ISS After $125 Billion Slide

06/06/2022
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(Bloomberg) — Shopify Inc. is asking investors to put their faith in Chief Executive Officer Tobi Lutke with a proposal to preserve his voting power. That couldn’t have come at a more inopportun...

Finance

Banks’ Exposures To Russia Are Much More Transparent Than That Of Non-Banks

03/12/2022
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Hundreds of financial institutions are exposed to Russia, but we do not know by how much. NurPhoto via Getty Images Remember Long Term Capital Management and AIG? I sure do. LTCM imploded in 1998, in ...