CalPERS Continues to Sell Off Private Equity Interests

Posted on 02/07/2017

The California Public Employees’ Retirement System (CalPERS) continues to unwind parts of its massive private equity portfolio. According to internal reports, CalPERS sold 26 private equity fund interests in the last six months of 2016. CalPERS received proceeds of US$ 426 million from the sales. In 2016, CalPERS had reduced business ties with 24 private […]