The highly influential pension fund California Public Employees’ Retirement System (Calpers) is exiting 24 hedge funds and six hedge fund-of-funds with a combined value of approximately $4 billion, officials say. Calpers officials announced that they are eliminating the hedge fund program, dubbed the Absolute Return Strategies (ARS) program, “as part of an ongoing effort to… Read More >>
CalPERS’ Departing COIO Completes Exit as Numerix Picks an MD for EMEA
Pension fund giant the California Public Employees’ Retirement System (CalPERS) has promoted Eric Baggesen to the post of senior investment officer (SIO) for asset allocation and risk management just as Janine M. Guillot, the former chief operating investment officer (COIO), is completing the final projects of her tenure, say CalPERS officials. Baggesen has been serving… Read More >>
