Calpers Looks To Sell About $1.5 Billion In Private Equity Fund Stakes -Bloomberg
April 10 2012 - 12:08PM
Dow Jones News
The California Public Employees' Retirement System plans to sell
about $1.5 billion in private equity fund stakes, Bloomberg News
reported Tuesday, citing three people with knowledge of the
matter.
In contrast to Calpers' sale of partial interests in funds last
year, this time the pension system intends to sell entire stakes,
Bloomberg reported.
Calpers' private equity investments were valued at $33.3 billion
as of April 6, the report said.
Full story at
http://www.businessweek.com/news/2012-04-09/calpers-said-to-sell-1-dot-5-billion-private-equity-stakes
-Dow Jones Newswires; 212-416-2900
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