"CalPERS Boosts Private Market Investments to Over $30 Billion"

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Source: Financial Times
TL;DR Summary

Calpers, the largest US public pension fund, plans to invest over $30 billion in private markets such as private equity, private credit, and real assets over the next three years, aiming to boost returns and diversify its portfolio. This move comes as Calpers seeks to reduce its reliance on public markets and take advantage of opportunities in private markets.

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