Tag Archives: California Public Employee

California Public Employee Pension Earns 1% on Investments

The California Public Employees’ Retirement System earned 1 percent in the past fiscal year as slumping global stock prices dragged down the largest U.S. pension. The fund lost 7.2 percent on shares, while private equity gained 5.4 percent. Calpers’ bonds … Continue reading

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Real Estate Update: There’s Smart Money, And There’s Really Smart Money

Even the biggest and best-advised investors make mistakes, and then there are some that seem to beat everyone all the time. In a busted land deal in Arizona, the enormous California Public Employee Retirement System (CalPERS) lost a bundle for … Continue reading

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