CalPERS Raises Bar on Hedges


The California Public Employees’ Retirement System (CalPERS) is forging ahead in the risky arena of hedge funds. The nation’s largest pension fund announced this month it would double its hedge fund assets from $1 billion to $2 billion. CalPERS, which ...

This content is available for Active LPs subscribers only. Request a free trial to get access for a limited period

If you already have an active Active LPs subscription, please sign in to view this article.