21:29 , Jun 1, 2018 |  BioCentury  |  Finance

CalPERS goes direct

The strong performance of direct life science investments made by some sovereign wealth or pension funds could be part of the rationale for CalPERS’s plan to launch its own direct investment fund that could funnel...
15:28 , May 25, 2018 |  BC Week In Review  |  Financial News

CalPERS considers direct private investment

California Public Employees' Retirement System proposed on May 17 creating two private investment funds representing as much as 10% of its portfolio, which equates to investing about $13 billion a year. One fund would be...
21:41 , May 22, 2018 |  BC Extra  |  Financial News

CalPERS considers direct private investment

California Public Employees' Retirement System has proposed creating two private investment funds representing as much as 10% of its portfolio, which equates to investing about $13 billion a year. One fund would be focused on...
08:00 , Mar 3, 2014 |  BioCentury  |  Finance

LP tracks

LP tracks Joseph Dear, chief investment officer of California Public Employees' Retirement System (CalPERS), passed away at 62 after battling prostate cancer. Services will be held in Sacramento, Calif., and Olympia, Wash., though details are...
07:00 , Sep 30, 2013 |  BioCentury  |  Politics, Policy & Law

Biosimilar battlefronts

Biosimilars developers, manufacturers of originator biologics, payers and consumer groups are battling in state capitals, at FDA headquarters, and at the World Health Organization in Geneva over the rules that will shape perceptions and prescribing...
23:48 , Sep 5, 2013 |  BC Extra  |  Politics & Policy

California biosimilars bill headed to governor

The California Senate passed a state bill that would impose restrictions on when pharmacists may dispense a biosimilar in place of an innovator product. The California Assembly already passed the bill, which will now be...
07:00 , Jun 17, 2013 |  BioCentury  |  Finance

LP tracks

LP tracks Janine Guillot stepped down as chief operating investment officer at the California Public Employees' Retirement System (CalPERS), effective May 24. Carol Moody was named interim COIO by CalPERS. PE tracks Cecil Kost joined...
07:00 , Jul 30, 2012 |  BioCentury  |  Finance

NEA nabs $2.6B

NEA nabs $2.6B Venture fund New Enterprise Associates parlayed solid returns from a long-term, diversified investment strategy into a new $2.6 billion fund. The prior fund closed at $2.5 billion in 2009. In fact, four...
07:00 , Jul 30, 2012 |  BioCentury  |  Finance

Yes to PE; no to VC

Yes to PE; no to VC Lackluster venture returns for the California Public Employees' Retirement System (CalPERS) weighed down an otherwise strong private equity performance in FY11-12. The fund reported a private equity gain of...
00:11 , Jul 17, 2012 |  BC Extra  |  Financial News

CalPERS whittles private holdings

The California Public Employees' Retirement System (CalPERS) has sold about $1 billion of its private equity stakes since launching a reorganization of its private equity portfolio last year. The announcement accompanied preliminary data for the...