Tuesday, 21 April 2015
Last updated 9 hours ago
Apr 24 2008 | 11:35am ET
Just days after delivering a report on hedge fund regulation to U.S. Treasury Secretary Henry Paulson, Russell Read has announced his departure from the California Public Employees’ Retirement System.
Read has led the alternatives-heavy CalPERS, the largest public pension fund in the U.S. with $244 billion in assets, for two years. He is leaving to “pursue his long-standing interest” in investing in clean and green technology companies.
Read, who in spite of CalPERS’ leading role as a hedge fund investor, has been critical of the fees they charge.
The fund’s chief operating investment officer, Anne Stausboll, will succeed Read on an interim basis as chief investment officer when Read departs on June 30.
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…