CalPERS battles perceived disinterest in emerging managers

CalPERS, CalSTRS, private equity, pension fund, Ted Eliopoulos, Christopher Ailman
  • “We need to do more bragging”: CalPERS’s Stevenson
  • CalPERS pledged up to $500 mln for PE emerging managers by 2020
  • PE program includes exposure to 222 emerging managers
California Public Employees’ Retirement System is battling the perception that its investment division’s emerging-manager program lacks verve. “We need to do more bragging. There’s a lot here we need to talk about, and part of that is overcoming the [impression] ...

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