Editor’s Letter: Big moves in California – and readers respond

private equity, mergers, M&A, Middle Ground Capital, Elan Growth Partners
Private Equity Editor Chris Witkowsky reflects at home. Photo by Wendy Witkowsky
California Public Employees’ Retirement System has earned a reputation as one of the toughest limited partners in the business. This is because the system takes a hard line on fees and other terms, pushing back on managers to the point that ...

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