Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

CalPERS says SEC’s further implementation of Dodd-Frank will protect investors

Monday, September 01, 2014

amb
Ted Eliopoulos
Komfie Manalo, Opalesque Asia:

The California Public Employees' Retirement System (CalPERS), the largest public pension fund in the U.S., with approximately $300bn in assets, welcomed the Securities and Exchange Commission's approval of two rules relating to the implementation of the Dodd-Frank Act.

"CalPERS thanks the Commissioners of the Securities and Exchange Commission for their leadership in moving forward to further implement the Dodd-Frank Act and provide protections for investors in the areas of asset-backed securities and credit rating agencies," said Ted Eliopoulos, CalPERS Interim Chief Investment Officer.

He continued, "These new rules will enhance transparency, set up needed firewalls, establish comprehensive internal controls and require greater disclosures. These rules are a step in the right direction to protect America's investors."

An independent study by Wulf Kaal, Barbara Luppi and Sandra Paterlini (Kaal et al.) showed the positive impact of the Dodd-Frank Act and SEC rules pertaining to hedge funds on private fund performance.

Their study analyzed the impact of private fund adviser registration and increased disclosure requirements under the Dodd-Frank Act on private fund per......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1