CalPERS may channel more dollars to buyouts, give staff added flexibility

CalPERS, pension fund, private equity
CalPERS headquarters in Sacramento, California. Reuters/Max Whittaker
Investment staff at California Public Employees’ Retirement System have proposed to notch up their target suballocation to buyouts, and to ease limitations on choosing buyout and other kinds of private equity funds. The proposal has been overshadowed by a recent ...

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