RI has partnered with the Committee on Workers Capital (CWC) to publish a series of CWC Trustee Profile interviews with union-nominated pension fund trustees that touch on the role of individual board members in driving innovation around responsible investment at their funds. This installment is with Sharon Hendricks, Vice-Chair of the CalSTRS Board of Trustees.
SACRAMENTO, CA – Ceres, a national network of investors and environmental organizations today named California State Teachers’ Retirement System (CalSTRS) Chief Executive Officer, Jack Ehnes, to its board of directors
Teacher pension dollars, and the economic activity they generate, have a larger economic benefit to California than the furniture or oil and gas extraction industries, according to the study, The Annual Economic Impacts of CalSTRS Benefit Payments. The study was commissioned by CalSTRS and conducted by the Applied Research Center at California State University, Sacramento in 2007. Data is available for ten rural counties. (12 individual news releases)
SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) announced today the appointment of Anne Sheehan to the newly created position of Director of Corporate Governance. She will join the staff in October to guide its corporate governance program to a higher level of activism.
SACRAMENTO, CA – Cassandra Lichnock has been named director of Human Resources and Organizational Development for the California State Teachers’ Retirement System (CalSTRS). She begins work at the nation’s second-largest public pension fund on Aug. 25.
SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) today launched a search for a consultant team to research, design and implement a best practice model for pension accounting and to provide CalSTRS employees transition support and training in its operation.
The final filing date for proposals is Sept. 8, 2008, with the selection expected to be in October.
SACRAMENTO, CA – California State Teachers’ Retirement System (CalSTRS) investments took a 3.7 percent hit in the fiscal year ending June 30, 2008. Even with its first loss in six years, CalSTRS outperformed its benchmark, which dipped 3.8 percent.
The news from the $162.2 billion fund comes amid the gloom of a 5 percent average loss for public pensions, according to Merrill Lynch analysts.
SACRAMENTO, CA – With a resolution, a letter of congratulations – and a cake – the California Legislature and Governor Schwarzenegger’s office today recognized the California State Teachers’ Retirement System’s (CalSTRS) 95 years of service in support of the state’s educators.
SACRAMENTO, CA – California State Teachers’ Retirement System (CalSTRS) today was recognized for its commitment to involving women and minorities in the securities industry by the National Association of Securities Professionals.
SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) today launched a national search for a Director of Global Equities to oversee a portfolio valued at more than $100 billion.
SACRAMENTO, CA – Former Securities and Exchange Commission Chairman Arthur Levitt, Jr. spoke at the June 5 meeting of the Teachers’ Retirement Board, giving a presentation to trustees that touched on regulatory changes in the U.S, corporate governance, and the state of the accounting industry.
SACRAMENTO, CA – ONEOK Shareholders solidly supported a California State Teachers’ Retirement System (CalSTRS) call for the Tulsa-based gas pipeline company to report on greenhouse gas emissions.
Despite ONEOK (NYSE: OKE) management’s opposition, 33 percent of shareholders supported Proposal #8 as reported at the company’s May 15, 2008 annual meeting.
SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) today announced its intent to award contracts to three investment management firms that will implement a developing manager program in its fixed income portfolio.
SACRAMENTO, CA – RiskMetrics Group, the nation’s leading proxy advisor, recommends investors support a shareholder resolution filed with Tulsa-based ONEOK, Inc., seeking a report on its greenhouse gas emissions.
SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) is pressing natural gas pipeline company ONEOK to report on its greenhouse gas emissions through shareowner Proposal 8, scheduled for a vote at the May 15, 2008 annual meeting.
SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) announced today the appointment of nationally known executive Michael P. McCauley to guide its corporate governance program to a higher level of activism. He comes on board June 1, 2008.
SACRAMENTO, CA – Trustees of the California State Teachers’ Retirement System (CalSTRS) unanimously re-elected Dana Dillon as Chair and Jerilyn Harris as Vice-Chair for the 2008-09 term at their April 3 meeting.
SACRAMENTO, CA – Leading U.S. investors announced today that Dynegy, a Houston-based company that provides wholesale electricity to utilities, cooperatives, municipalities and other energy companies in 15 states, has agreed to prepare a report for shareholders on how it is responding to the business challenges posed by climate change.
SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) announced today it will expand its relationship with Invesco Private Capital as the manager for its CalSTRS New and Next Generation Manager Fund II, a $200 million private equity portfolio. Invesco Private Capital has offices in San Francisco, New York, Boston and London.
SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) trustees voted today to oppose California Assembly Bill 1967 due to its restriction to the board’s investment authority and significant negative financial impact to the investment portfolio.
SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) today announced its selection of four investment management firms to construct, manage and monitor a fund of funds for its $1.8 billion U.S. Equities Developing Manager Program.
