CalPERS needs to commit $10 bln annually to meet PE targets

CalPERS, pension fund, private equity
Calpers headquarters in Sacramento, California, on October 21, 2009. Photo courtesy Reuters/Max Whittaker
California Public Employees’ Retirement System would have to commit $10 billion annually to private equity if it wants to meet its allocation target, a pace that the pension fund will struggle to meet, according to its consultant. CalPERS is not ...

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