CalPERS Can’t Find Enough Private Equity Commitments
CalPERS consultant finds without a huge increase in new private equity commitments, the fund will see a declining allocation to the asset class.
CalPERS consultant finds without a huge increase in new private equity commitments, the fund will see a declining allocation to the asset class.
Ben Meng’s predecessors did not have deep investment roots, instead administrative and political experience were their calling.
Start date has not yet been determined.
Deal with Ben Meng is not done, however, as negotiations continue on total compensation.