CalPERS grosses $434 mln from secondary sale of 26 fund stakes: Updated

Calpers, private equity, pension fund
Calpers headquarters is seen in Sacramento, California, October 21, 2009. REUTERS/Max Whittaker (UNITED STATES BUSINESS) - RTXPWO3
  • Sale included funds managed by 16 managers
  • Follows up similar sale completed in first half of 2016
  • CalPERS commits to new CD&R, Carlyle funds
California Public Employees’ Retirement System in the second half grossed $434 million from the sale of its stakes in 26 private equity funds managed by 16 firms, according to a Pension Consulting Alliance report included in materials for an upcoming ...

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