CalSTRS Committee Approves Staff Discretion in Infrastructure Program
Posted on 02/19/2014
Concluding a February California State Teachers’ Retirement board investment committee meeting, the board revised the system’s infrastructure policy. CalSTRS staff possesses discretion up to US$ 300 million to invest in their US$4 billion allocated infrastructure program. Additional allocations exceeding US$ 750 million by a single firm may be subject to review by the CalSTRS investment […]