Californian funds seek emerging investment manager talent
US - The $207bn California Public Employees' Retirement System (CalPERS) and the $141bn California State Teachers' Retirement System (CalSTRS) have combined forces to compile a database of emerging managers and financial service providers.
The two funds aim to capture a wide universe of “untapped talent” within the industry to broaden diversity investment opportunities for public and private pension funds, promote transparency and access...
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