SWFI First Read, March 7, 2017
PCA Quits Private Equity Consultant Contract at CalPERS, Retains Others
The California Public Employees’ Retirement System (CalPERS) swiftly appointed Meketa Investment Group as the pension giant’s new private equity consultant. Meketa will advise on a massive, complex private equity portfolio. This move occurred when the Pension Consulting Alliance (PCA) abruptly resigned in the midst of a 5-year consultant contract, according to agenda materials. PCA, which has an extensive history with CalPERS, will still work with CalPERS in other consultant capacities.
Wafra Investment Advisory Group Takes Minority Stake in TSG Consumer Partners LLC
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