CalPERS invests further US$30m in venture-capital fund
US - The US$204bn California Public Employees' Retirement System (CalPERS) has invested a further $30m in a local venture-capital fund that CEO Rob Feckner claimed had "enormous" investment potential.
The installment takes its total investment to $40m in the Central Valley Fund, which will help finance the growth of small businesses in a traditionally overlooked market, and Feckner said: The Central...
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