![]() Such fault-finding represents a small number of people lodging “water-cooler criticisms,” he said. “But the vast majority of this team embraced change from the start and our mission to create the kind of culture that CalPERS truly needs in order to be best-in-class and deliver its promise to its members.”ĬalPERS spokesperson John Myers said Musicco was hired with the full backing of the pension board and staff leadership. “There will always be a small minority that fights change,” she said. It didn’t help that she was frequently absent from the office as she commuted from her family’s home in Toronto, said people familiar with the matter.Īt the board meeting, Musicco defended her approach. Some were also irked by Musicco’s focus on sports, technology and venture capital investments, saying she hadn’t clearly outlined how CalPERS would pull off such deals, and specifically, how such a massive institution could successfully deploy money at scale and move the needle on returns. Musicco’s attempt to import the so-called Canadian investment model, which emphasizes direct investments to reduce the fees paid to outside managers, didn’t sit well with key investing staff at CalPERS, because there was no clear path communicated on how to do it, according to people close to the pension who were not authorized to speak publicly. CalPERS said she was leaving “to attend to the immediate needs of family” in Canada. On Friday, the 49-year-old resigned after just 18 months, the latest in a string of abrupt exits from the role in recent years. CalPERS also invited Tony Ressler, the billionaire Ares Management co-founder who owns the Atlanta Hawks, to speak to its board.īut Musicco’s plans for transforming the $463 billion pension fund - informed by her background at pioneering Canadian public pensions and an investment shop known for sports deals - would never come to pass. She wanted “stadium deals” and identified professional sports as a frontier for more investing.Īlso see: CalPERS CIO Musicco stepping down after less than 2 yearsĭuring her tenure the fund explored buying a stake in its hometown basketball team, the Sacramento Kings, said people familiar with the matter. She desired innovation, she told the audience at its Sacramento headquarters. In her first year atop the California Public Employees’ Retirement System as chief investment officer, Nicole Musicco gathered dozens of staff and laid out an ambitious vision for the largest US public pension fund. Enjoy a hassle-free online shopping when you shop on the website or by using the Amazon India app on your Smartphone.By Eliyahu Kamisher and Dawn Lim | Bloomberg Add the item to your cart, choose a convenient payment method such as card, net banking or cash on delivery and get all your favourite items delivered right at your doorstep. Shopping online at Amazon India is very convenient. All you need to do is browse through the Amazon India stopwatch catalogue and decide which stopwatch is perfect for by reading the product description. You do not have to visit the retail shops looking for the perfect stopwatch. Buy Stopwatches on Amazon India for All Your Sports NeedsĪmazon India brings to you a huge range of stopwatches online. Choose from the various designs such as wristwatch type or handheld stopwatches, waterproof stopwatches from brands such as Nivia, Geonaute, SKLZ, Gymboss and more on Amazon India. Hence, letting you keep a track of your previous laps as well. However, to calculate the time taken for different laps for sports such as running, motor racing and more, you can go for stopwatches that feature multiple displays. So, if you are looking for a stopwatch to use for your swimming sessions, a waterproof stopwatch would be useful. ![]() There are stopwatches that have specific uses and used for different sports. While there are stopwatches that include time and alarm functions, there are a few more models that are required for timed events that need precise details of the split seconds. There are a lot of features added to stopwatches than just the old version which involved hitting a button and capturing the time. There are technological advancements in every field. Stopwatches are no longer just handheld timepieces that are designed to measure the amount of time lapsed. Features that Make it More Than a Mere Stopwatch Invest in a good stopwatch available from various brands and those equipped with many features that meet your requirement. Stopwatches come in handy for a lot of sports and game -from swimming sessions to marathons to using it to keep a track of time at your gym while you work out. ![]() ![]() Buy stopwatches on Amazon India and use it for all sorts of training and matches. Have you ever felt the need to track the time you have taken to perform a certain activity such as finishing a lap? If yes, then we have the perfect tool to help you.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |