CalPERS: PE was top performer in a rough 2018

Calpers, pension fund, private equity, co-investment, Margaret Brown, Ben Meng
Reuters/Max Whittaker
Private equity was the best performing asset class for California Public Employees’ Retirement System in 2018, returning 12.5 percent at a time when almost all other assets were negative. The value of CalPERS’s portfolio declined 3.5 percent in calendar 2018, ...

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