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CalPERS board ponders the risks of TPA

Sarah Rundell

February 27, 2025

CalPERS CIO Stephen Gilmore talks the board throug
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One response to “CalPERS board ponders the risks of TPA”

  1. Paul O'Brien

    This is a great description of the reference portfolio. But, as a public pension trustee, I find the cooking analogy to be patronizing. To provide effective oversight of TPA, trustees need a far more sophisticated understanding of how it works.

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