CalPERS opens bids for younger GPs as part of $11 bln plan


A mother with her children at the seaside at sunset. Photo courtesy ©iStock/Ruslanshug
  • $288 bln pension system seeks new GPs
  • LP deploys $7 bln program
  • CalPERS commits $4 bln to emerging managers
California Public Employees’ Retirement System reiterated plans to target as much as $11 billion to emerging and transition managers by 2020 to tap younger shops with strong potential. CalPERS planned to open in July a formal solicitation for investment proposals, with an ...DON'T MISS IT! After two successful conferences on the East Coast, we’re bringing our LPs and fund managers to San Francisco for the first annual Emerging Manager Connect West on May 11. Don’t miss out on insightful panels and great networking! CLICK HERE for details.

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