Friday, 22 May 2015
Last updated 6 hours ago
May 1 2007 | 12:17pm ET
Two firms vying for the $162 billion California State Teachers' Retirement System’s alternatives investment consulting services contract have made it into the final round. The system will interview finalists Ennis Knupp and Pension Consulting Alliance at its May 3 meeting, according to an internal investment memo.
CalSTRS issued a request for proposals on Feb. 23 and received six bids by the final filing date, March 30. Five of the six proposals passed the preliminary review for compliance with minimum qualifications and requirements and proceeded to the evaluation phase of the process. “After accumulating all the scoring, two firms stood clearly at the top,” according to the memo. “There was a clear distance between these two leaders and third place, enough that only two were invited to make final presentations.”
CalSTRS’ current contract for alternative consulting services with McKinsey and Company expires on June 30, 2007.
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…