CalPERs private equity stakes under microscope

[Joelle]

CalPERs private equity stakes under microscope
      

London-based private equity research firm Preqin has been busy crunching numbers from historical sales of pension fund giant CalPERS’ private equity assets.
The California pension fund sold $2.1 billion of private equity assets in late 2007 in the secondary market — which trades private equity stakes between the pension funds and endowment funds that want to [...]
         

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