CalPERS board has `unanswered questions’ about hiring of outside partner

Calpers, private equity, pension fund, Charles Asubonten, chief financial officer, employment
Calpers headquarters in Sacramento, California, Oct. 21, 2009. REUTERS/Max Whittaker
California Public Employees’ Retirement System might hire an outside firm to manage its $27 billion private equity program. Then again, it might not. Multiple sources with direct knowledge of the 13-member board said the proposed hiring of an outside partner ...

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