Meketa, CalPERS staff to examine consequences of cutting GPs from program


Calpers, private equity, pension fund, Meketa Investment
  • CalPERS allocates only to “Core 30” managers
  • Meketa: CalPERS didn’t benefit from fees, co-investment
  • $342.5 bln system mulls sweeping PE-program changes
California Public Employees’ Retirement System’s board instructed its investment staff and private equity consultant to examine the impact of cutting relationships from its PE program. At a Nov. 13 meeting, CalPERS Investment Committee Chairman Henry Jones told CIO Ted Eliopoulos and ...

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