CalPERS sees strong returns from PE co-investments

Calpers, private equity, pension fund, Blackstone, Carlyle Group, TPG, Towerbrook
Calpers headquarters in Sacramento, California, Oct. 21, 2009. REUTERS/Max Whittaker
Co-investments and direct investments have delivered significantly higher returns than other private equity strategies for California Public Employees’ Retirement System over the past five years, documents released by the system show. A Meketa Investment Group report included in CalPERS’s Feb. ...

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