CalPERS CFO Charles Asubonten’s Form 700 Violation and His Unduly Mysterious Private Equity Firm
More on the sketchy history of CalPERS’ new CEO, Charles Asubonten.
Read more...Category Archives: Private equity
Why Charles Asubonten Is Not Qualified to Be Chief Financial Officer and What His Hiring Says About CalPERS
Further discussion of the mystery of how CalPERS CFO Charles Asubonten got hired.
Read more...Executive Summary: New CalPERS CFO Charles Asubonten’s Misrepresentations and Discrepancies in His Resume and Form 700
Why the hiring of Charles Asubonten as CFO of CalPERS is a serious governance lapse.
Read more...Misrepresentations and Inconsistencies in CalPERS CFO Charles Asubonten’s Resume
A detailed documentation of the misrepresentations and inconsistencies in the resume presented by Charles Asubonten to CalPERS when he applied for the CFO post.
Read more...Bay Hills Sues Kentucky Retirement Systems for Invoking Its Contractual Right to Dissolve Fund
Kentucky Retirement Systems is in the midst of another important alternative investments legal contest.
Read more...Winners and Losers as PE Firm Cerberus’s Remington “Rollup” Collapses into Bankruptcy
Who are the bagholders in the Remington bankruptcy?
Read more...CalPERS Violates Law and Board Procedure: Cuts Microphone of Board Member Margaret Brown After Letting Her See Only Redacted Board Transcripts, Lodging Bogus Charges
CalPERS has been doing everything it can to keep new board member Margaret Brown from seeing recent closed session transcripts, including cooking up completely bogus, secret charges against her.
Read more...Why CalPERS Private Equity Outsourcing Beauty Show Is Arbitrary and Capricious
More evidence that CalPERS is making a hugely important and costly decision in a cavalier, even reckless, manner.
Read more...Private Equity Firms Turn Up Noses at Trump’s Infrastructure Headfake
A perverse bit of good news: PE firms don’t like Trump’s infrastructure scheme.
Read more...Why CalPERS’ Private Equity Outsourcing Scheme Is Likely to Hurt Returns
Why CalPERS’ private equity outsourcing scheme is likely to leave the funds’ beneficiaries and California taxpayers worse off.
Read more...CalPERS Let New Fox in the Private Equity Henhouse: Silicon Valley Fixer Wilson Sonsini
Why Wilson Sonsini’s not-obvious role at CalPERS is another red flag for CalPERS’ private equity outsourcing scheme.
Read more...CalPERS Chief Investment Office Ted Eliopoulos Now Touting Venture Capital Even Though It Can’t Improve Returns
CalPERS is about to embrace yet another bad investment idea.
Read more...Fiduciary Counsel Ashley Dunning Encourages CalPERS to Muscle Actuary to Change His Forecasts of Funding Needs
How CalPERS’ fiduciary counsel encouraged its board to pressure its actuary to produce more politically-convenient results.
Read more...CalPERS’ Fiduciary Counsel, Ashley Dunning, Lies to Board to Defend Private Equity Secrecy and Perpetuate Inadequate Supervision of Staff
Yet another example of the culture of casual lying at CalPERS and the deep-seated effort to neuter its board.
Read more...Why Is CalPERS Board Member/Governor Wannabe John Chiang Telling a Big Lie About CalPERS Private Equity Outsourcing Scheme?
Gubernatorial candidate John Chiang looks more loyal to private equity than he does to California voters and CalPERS beneficiaries.
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