CalPERS Agrees to Renew Participation in OCC Repo Facility

Posted on 01/26/2016


The California Public Employees’ Retirement System (CalPERS) has been earning fees by taking on counterparty risk. CalPERS renewed its agreement to participate in a fully committed repurchase facility with derivatives clearinghouse Options Clearing Corporation (OCC) and securities lending agent eSecLending LLC. The pension giant plans to provide contingency liquidity in the event of a counterparty […]

Get News, People, and Transactions, Delivered to Your Inbox