The investment team at CalPERS asks the investment committee for an increase in staff delegation limits for private assets to help meet the new SAA to private markets, and the board reflects on the liquidity and leverage program in place.
CalPERS board buckle up for a reboot or the active programme and consistent push into private markets.
Building the expertise for direct investment in global real estate and infrastructure is a priority for the new CIO of the United States’ largest pension fund. Nicole Musicco spoke to Amanda White in an exclusive interview at the Fiduciary Investors Symposium.
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