CalPERS allocates $300m to EM
US - The California Public Employees' Retirement System (CalPERS) has allocated a further $300m for emerging managers who have less than US$2bn in total firm assets.
Leading Edge Investment Advisors, an emerging manager fund-of-funds manager, and Quotient Investors, a manager in CalPERS Management Development Program (MDP), will each receive $150m. The $240bn fund...
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