The California Public Employees' Retirement System (CalPERS) announced that it has endorsed the use of the Institutional Limited Partners Association's (ILPA) new fee reporting template for private equity general partners.

Anne Stausboll, Chief Executive Officer (CEO) for the California Public Employees' Retirement System (CalPERS), today announced she will retire as the head of the nation's largest public pension fund on June 30, 2016.

CalPERS decided to end its hedge fund program, Absolute Return Strategies (ARS), in September of 2014. The matter was widely covered in the media and drew considerable attention at the time. As CalPERS indicated very clearly at that time, program performance was not a key driver of the decision.

On 15 January 2016, CNP Assurances completed a $500 million subordinated bond private placement with a major institutional investor. CNP Assurances took advantage of a specific request from the investor.

Nomura, Asia's global investment bank, announces that it has entered into a definitive agreement with American Century Investments (“American Century”) and CIBC to acquire a non-controlling 41 percent economic interest in American Century.