Calpers headquarters in Sacramento, California, on October 21, 2009. Photo courtesy Reuters/Max Whittaker - RTXPWO1
New portfolio would combine PE, global equity
Proposal gives CalPERS greater flexibility on portfolio construction
CalPERS PE in transition period after Desrochers, PCA exit
The largest U.S. public pension is considering a proposal to fold its private equity program into its global equity holdings, a much larger portfolio. California Public Employees’ Retirement System would continue to invest in PE as part of its overall allocation to ...