US - CalPERS is back in the market for stakes in private-equity funds after selling US$2bn of partnerships earlier this year.
"It's now a better time to be a buyer of secondary than a seller," Leon Shahinian, senior investment officer for alternative asset management at the California Public Employees' Retirement System, ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders