Sunday, 29 March 2015
Last updated 1 day ago
Feb 17 2011 | 9:40am ET
Two senior portfolio managers of CalPERS’ $47.5 billion alternative investment management program have resigned.
CalPERS spokesman Clark McKinley confirmed the resignations of Joncarlo Mark and Michael Dutton to Pensions&Investments.
McKinley said neither man gave reasons for departing their posts at the $226.5 billion California Public Employees’ Retirement System.
Mark's resignation is effective March 31 and Dutton's sometime in March. Their duties will be taken up by other staff in the AIM program, McKinley said.
Mark, who had been with CalPERS since 1999, and Dutton, who had led the system’s healthcare investment initiative, announced their resignations separately, McKinley told P&I, adding he did not know the men’s future plans.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…