Opinion: Why Remington’s investors shouldn’t sell

Cerberus dodged a bullet with its recent decision to let investors sell out of one of the world’s biggest gunmakers, Remington Outdoor. It’s the company that made the assault rifle used to kill 20 children and six of their teachers in a Connecticut elementary school in December 2012.

CalSTRS promotes Blatnick to Chief of Administrative Services

California State Teachers’ Retirement System said Tuesday it promoted Lisa Blatnick to Chief of Administrative Services. The position was effective Aug. 1, according to a statement. As Chief of Administrative Services, Blatnick will oversee the strategic direction, policy development and management of the Administrative Services Branch.

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This morning read all about Google’s European VC arm, CalSTRS targeting small-mid-market firms and the latest distressed debt and bankruptcy restructuring rankings for Q2 2014.

CalSTRS appoints new global equity director

The California State Teachers’ Retirement System said Wednesday that it has hired June Kim as director of global equity. Her appointment begins July 21. Previously, she worked at at the Los Angeles County Employees Retirement Association where she served as principal investment officer for global equities.

First read Feb 24

peHUB First Read

This morning find out what’s hot and what’s not in Boston biotech, why top Italian banks are tapping the PE world, who Washington State and CalSTRS are committing to and how UTIMCO hit the Internet 2.0 jackpot.

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Top 10 posts of the week

Trending on peHUB this week: Expa, Harvard, Richard Hall, Garrett Camp, CalPERS, OMERS, Bregal Partners, CalSTRS, Canaan Partners, TPG, Carlyle, Peter Dolan, fundraising, recruiting and breaking into private equity.

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