Texas ERS considers changing PE performance benchmark

Employee Retirement System of Texas, benchmarks, Wilshire TUCS, MSCWI ACWI
A sign advertising Lone Star beer hangs on the wall next to a jackalope trophy at Perini Ranch Steakhouse in Buffalo Gap, Texas December 5, 2014. Photo courtesy Reuters/Mike Stone
Employee Retirement System of Texas, like several other U.S. public systems, is considering changing the way it measures the performance of its private equity program, a recorded discussion from the system’s March meeting shows. The board wants to move from ...

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