CalSTRS to seed its first China-specific PE fund

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US - The California State Teachers' Retirement System (CalSTRS) has committed to its first China-specific fund targeting private equity opportunities in the growing Asian economy.

The fund, set up in July, was described to Global Pensions by CIO Christopher Ailman as "putting a toe in the water" and so far has under US$200m in assets to be invested with private equity and ve...

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