The California Public Employees' Retirement System (Calpers) has earned more than $26m (€31m) in net income from securities lending for the quarter ending March 31, 2001. The sum exceeds previous earnings by an average of $13m per quarter.

The jump reflects the revenue from the $159bn pension fund's auction of two portfolios via eSecLending, an online auction system launched by Old Mutual.

Niki Natarajan

Goldman Sachs

Old Mutual

Evelyn Partners’ private equity backers target NatWest and RBC for potential sale

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

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Calpers sees $26m net gain on lending

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