The California Public Employees Retirement System’s investment committee approved the recommended selections of Wilshire Associates and Meketa Investment Group for board consulting services.
Don Valentine, a venture capitalist who founded Sequoia Capital, a Silicon Valley venture capital firm that helped cement the area’s rise as a technology hub, died on Friday at his home in Woodside, Calif., the New York Times reports.
Pension plans are beginning to dump Master Limited Partnerships (MLPs) after losing patience with an asset class that largely has not lived up to expectations.
The Council of institutional Investors has tapped Deputy Director Amy Borrus to succeed Ken Bertsch as executive director when he retires in August 2020, the organization announced.