Buyan, an 18-year-old male Siberian brown bear, is fed with an Easter cake, known as "Kulich", on Easter Sunday at the Royev Ruchey Zoo in a suburb of the Siberian city of Krasnoyarsk, Russia April 8, 2018. REUTERS/Ilya Naymushin TPX IMAGES OF THE DAY - RC15B00D06F0
Meketa expects PE to deliver 10-year return of 8.8 pct
Declines due to high prices, duration of equity bull run
PE historically generated more than 10 pct
Meketa Investment Group expects private equity’s returns to fall below its historic average over the next decade, a recent presentation to Los Angeles County Employees Retirement Association shows. Meketa, which advises California Public Employees’ Retirement System and California State Teachers’ Retirement ...