WebThe AB 2833 is only applicable to alternative investments as defined by the bill. Staffwith the , help of Mercer, reached out to each alternative investment manager to obtain the costs of approximately 267 alternative investment vehicles, which were determined to be within the scope of the bill. http://www.leginfo.ca.gov/pub/15-16/bill/asm/ab_2801-2850/ab_2833_bill_20160621_amended_sen_v95.htm
California
WebSep 20, 2016 · The intent of this amendment, which is set forth in Assembly Bill 2833 … WebSep 15, 2016 · With AB 2833, California is placing itself among the forefront of those supporting further efforts to better align the interests of public pension plan investors with fund managers by insisting upon greater fee transparency. Existing Law. Under the California Public Records Act (California Government Code Sections 6250 et seq.), … examples of cpg categories that have shrunk
California’s Private Fund Disclosure Bill – Compliance Building
WebJun 21, 2016 · AB 2833, as amended, Coole y. Public retirement systems: investment funds: disclosures. The California Constitution commits to the retirement board of a public pension or retirement system plenary authority and fiduciary responsibility for … WebSep 12, 2016 · AB 2833 mandates that that every California public investment fund (that includes CalSTRS and CalPERS) must make the following disclosures at least annually: The fees and expenses the fund pays directly to the alternative investment vehicle, the fund manager or related parties. WebOct 4, 2016 · On September 14, 2016, California Governor Jerry Brown signed Assembly Bill No. 2833. The new law obligates every California public investment fund to require alternative investment vehicles... examples of cpr