Healthy private equity returns helped the US$446 billion California Public Employees' Retirement System (CalPERS) beat its -7.0% benchmark return with a -6.1% net return on the financial year ending June 30.A 21.3% net return on private equity far exceeded the state-administered pension fund’s 8.3% return for the asset class, which...
Healthy private equity returns helped the US$446 billion California Public Employees' Retirement System (CalPERS) beat its -7.0% benchmark return with a -6.1% net return on the financial year ending June 30.A 21.3% net return on private equity far exceeded the state-administered pension fund’s 8.3% return for the asset class, which...