CalPERS | Jotup

U.S. Institutional Investors seek opportunities in private assets and sustainable investing, Schroders study finds

Retrieved on:

Wednesday, October 18, 2023

Insurance, Sustainability, Environment, Finance, Environmental, Social and Governance (ESG), Asset Management, Consulting, Professional Services, Just transition, Schroders, University of Oxford, Investment, ESG, Appetite, University, CalPERS, Cryptocurrency, Renewable energy, Public utility

U.S. institutional investors are increasingly looking to private assets opportunities to invest sustainably, according to global asset manager Schroders, which today released the U.S. findings of its Institutional Investor Study.

Key Points:

U.S. institutional investors are increasingly looking to private assets opportunities to invest sustainably, according to global asset manager Schroders, which today released the U.S. findings of its Institutional Investor Study.
Investors had the highest interest in increasing allocation to infrastructure investments, with 42% planning to do so over the next 12 months.
Investors also see private assets as an opportunity to incorporate sustainable and impact investments into their strategy.
“Private assets investing can allow them access to companies and industries at the forefront of major developments, such as the energy transition and technological innovation.

PRIVACY ALERT: CalPERS and CalSTRS Under Investigation for Data Breach

Retrieved on:

Thursday, August 24, 2023

CalPERS, Death, Name, Social, MOVEit, PBI, CalSTRS, Social Security, Online shopping

CalPERS and CalSTRS contract with the vendor, PBI Research Services, to identify member deaths.

Key Points:

CalPERS and CalSTRS contract with the vendor, PBI Research Services, to identify member deaths.
PBI used the exploited software program to transfer files containing the sensitive personal information of certain CalPERS and CalSTRS members and beneficiaries.
According to CalPERS and CalSTRS, information impacted by the breach included, among other things, members' and beneficiaries' names, dates of birth, and Social Security numbers.
If you received notification of this data breach or are a member or beneficiary of CalPERS or CalSTRS and wish to obtain additional information about your legal rights, please contact us today or visit our website at https://www.classactionlawyers.com/calpers .

Strive Launches Actively Managed Fixed Income Funds That Prioritize Maximizing Shareholder Value

Retrieved on:

Friday, August 11, 2023

Professional Services, Finance, CalPERS, Federal Reserve responses to the subprime crisis, Investment, Credit risk, Cole, Prospectus, Federal Reserve, ESG, CIO, Fund, Federal Reserve Board of Governors, Security (finance), Striving

Strive , an asset management firm on a mission to maximize shareholder value by leading companies to focus on excellence, is proud to announce the launch of its first actively managed fixed income funds – the Strive Total Return Bond ETF (STXT) and the Strive Enhanced Income Short Maturity ETF (BUXX).

Key Points:

Strive , an asset management firm on a mission to maximize shareholder value by leading companies to focus on excellence, is proud to announce the launch of its first actively managed fixed income funds – the Strive Total Return Bond ETF (STXT) and the Strive Enhanced Income Short Maturity ETF (BUXX).
The Strive Total Return Bond ETF (STXT) is an actively managed bond fund that provides core fixed income exposure seeking to maximize total return over a full market cycle.
The Strive Enhanced Income Short Maturity ETF (BUXX) is an actively managed ultrashort bond fund with a duration of one year or less seeking to provide enhanced income while minimizing price volatility.
Both funds will be managed by Strive's CEO & CIO, Matt Cole, who previously oversaw more than $70 billion in actively managed Fixed Income portfolios at CalPERS.

Arias Sanguinetti Files Data Breach Class Action on Behalf Of CalPERS Pensioners

Retrieved on:

Monday, July 31, 2023

CalPERS, PBI, Privacy, Cal, Social Security, California Constitutional Conventions

LOS ANGELES, July 31, 2023 /PRNewswire/ -- Attorneys for Arias Sanguinetti filed a data breach class action on behalf of CalPERS members who had their data downloaded by an unauthorized third party after CalPERS provided that information to Pension Benefit Information, LLC and The Berwyn Group, Inc. ("PBI").

Key Points:

LOS ANGELES, July 31, 2023 /PRNewswire/ -- Attorneys for Arias Sanguinetti filed a data breach class action on behalf of CalPERS members who had their data downloaded by an unauthorized third party after CalPERS provided that information to Pension Benefit Information, LLC and The Berwyn Group, Inc. ("PBI").
CalPERS provided PBI with the personal information of retired members, which included their full names, dates of birth and social security numbers.
However, in May of 2023, an unauthorized third party downloaded the information of 769,000 retired CalPERS members through PBI's poorly protected servers.
The lawsuit alleges that PBI was negligent in protecting CalPERS members' personal information, PBI violated the Customer Records Act (Cal.

Healthcare Triangle Launches Ransomware Initiative Aimed at Protection and Prevention for Healthcare Providers

Retrieved on:

Wednesday, July 12, 2023

CalPERS, Most, Senate, Health care, HCTI, Key Learning Community, Second Continental Congress, Hygiene, Congress, Hospital, Johns Hopkins University, Risk, Machine learning, Artificial intelligence, Federation, Health, Nursing, Risk management, CalSTRS

Both incidents have been attributed to a Russian hacker group known as the Cl0p ransomware syndicate.

Key Points:

Both incidents have been attributed to a Russian hacker group known as the Cl0p ransomware syndicate.
Meanwhile, while large institutions and healthcare systems address major attacks, rural hospitals particularly vulnerable to risk are facing significant budget constraints for ransomware protection and need assistance from the federal government.
Healthcare Triangle applauds this and other actions by the U.S. Congress to address the growing threat of ransomware attacks, including the work of the Joint Ransomware Task Force (JRTF) , an interagency effort to reduce ransomware.
Healthcare Triangle’s ransomware prevention practices and training services include:

Human Capital Management Has Quantifiable Implications for Investors, Says Schroders

Retrieved on:

Wednesday, July 12, 2023

Strong human capital management systems can be deployed through a combination of operating model and workforce strategies, culture and inclusion, incentive and performance management, talent and learning, and innovation.

Key Points:

Strong human capital management systems can be deployed through a combination of operating model and workforce strategies, culture and inclusion, incentive and performance management, talent and learning, and innovation.
There are multiple paths to human capital management affecting balance sheets and profit and loss.
With KPIs to identify good human capital management, we can consider the drivers of change, and show how to optimize human capital productivity.
“This research tells us that investors should not ignore human capital management in evaluating investee companies,” said Angus Bauer, Head of Sustainable Research.

CalPERS Cybersecurity Attack Being Investigated by Lynch Carpenter LLP

Retrieved on:

Monday, July 10, 2023

CalPERS, LLP, Spouse, Social, PBI, Social Security

PITTSBURGH, July 10, 2023 (GLOBE NEWSWIRE) -- CalPERS recently announced that a third-party vendor PBI Research Services/Berwyn Group (PBI) suffered from a cybersecurity attack on May 29, 2023 that impacted hundreds of thousands of individuals personal information.

Key Points:

PITTSBURGH, July 10, 2023 (GLOBE NEWSWIRE) -- CalPERS recently announced that a third-party vendor PBI Research Services/Berwyn Group (PBI) suffered from a cybersecurity attack on May 29, 2023 that impacted hundreds of thousands of individuals personal information.
The information potentially impacted in the breach included: first and last name; date of birth; and Social Security number.
Lynch Carpenter, LLP is investigating claims against CalPERS and PBI related to this data breach.
If you are a current or former employee or member receiving benefits from CalPERS, you may be entitled to compensation.

DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of Customers Whose Personal Data May Have Been Compromised By CalPERS Data Breach

Retrieved on:

Thursday, June 29, 2023

Transfer, CalPERS, LLP, HERE, Privacy, Child, Private investigator

NEWTOWN, Pa., June 28, 2023 (GLOBE NEWSWIRE) -- The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by CalPERS.

Key Points:

NEWTOWN, Pa., June 28, 2023 (GLOBE NEWSWIRE) -- The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by CalPERS.
CalPERS learned of suspicious activity on or about June 6, 2023.
On or about June 6, 2023, PBI Research Services/Berwyn Group (“PBI”), a third-party vendor, notified CalPERS that their MOVEit Transfer Application had been hacked thereby exposing CalPERS customers’ sensitive personal data.
Edelson Lechtzin LLP is investigating bringing a class action lawsuit to seek legal remedies on behalf of customers who may have had their sensitive personal and patient data compromised by the CalPERS data breach.

Console & Associates, P.C.: CalPERS Reports Data Breach Exposing Social Security Numbers of 769k Retirees and Beneficiaries

Retrieved on:

Friday, June 23, 2023

On June 21, 2023, CalPERS posted a notice on its website describing a third-party data breach affecting consumers nationwide.

Key Points:

On June 21, 2023, CalPERS posted a notice on its website describing a third-party data breach affecting consumers nationwide.
If you wish to discuss this data security incident, or if you have any questions regarding your rights following the CalPERS data breach, please contact Console & Associates, P.C.
Interested parties and potential plaintiffs can also learn more about this data breach and potential lawsuit at https://www.myinjuryattorney.com/calpers-data-breach-investigation/ .
Anyone who has received a Notice of Data Breach letter may contact the firm to learn more about their rights.

Lincoln Property Company Names Maria Stamolis Chief Investment Officer

Retrieved on:

Wednesday, June 7, 2023

Commercial Building & Real Estate, Construction & Property, CalPERS, Partnership, Community Housing Partnership, Senior, Capital market, GE Capital, Lincoln, Partner, Investment management, Lincoln-West High School, Growth, CIO, Property, Real estate, Management, Finance

Lincoln Property Company (“Lincoln”), a global, full-service real estate firm, today announced that Maria Stamolis has been appointed as Chief Investment Officer and Head of Investment Management.

Key Points:

Lincoln Property Company (“Lincoln”), a global, full-service real estate firm, today announced that Maria Stamolis has been appointed as Chief Investment Officer and Head of Investment Management.
She joins the company after 16 years at Canyon Partners, where she most recently served as Partner and Co-Head of Real Estate.
Prior to Canyon Partners, Ms. Stamolis held senior roles at real estate firms Karney Management Company and R+B Realty Group/Oakwood Worldwide.
“I am honored to join the Lincoln team as the company embarks on its next-generation growth plan while building on its long-standing history of success,” said Ms. Stamolis.