Calpers headquarters is seen in Sacramento, California. Reuters/Max Whittaker
Target allocation of 8 percent to private equity
May lift buyouts share of target to 65 pct from 60 pct
Policy revision may free up added $1.25 bln for buyouts
Investment staff at California Public Employees’ Retirement System have proposed to notch up their target suballocation to buyouts, and to ease limitations on choosing buyout and other kinds of private equity funds. The proposal has been overshadowed by a recent ...