Will CalPERS Double its Allocation to Private Equity?

Posted on 02/21/2019

Yu Ben Meng, the new Chief Investment Officer of the California Public Employees Retirement System (CalPERS), detailed a picture on why the institutional investor needs to augment its allocation to private equity. Ben Meng informed CalPERS’ investment committee that doubling the investor’s private equity target to 16% would increase the total fund’s expected return to […]