Investors

CalPERS changes infrastructure investment consultant

The US public pension will obtain the approval of the investment committee to engage another firm next week.

12 September 2017

California Public Employees' Retirement System is going to address the resignation of StepStone as the infrastructure consultant at its board meeting next week.

The $324 billion US public pension has a 2 percent target allocation to infrastructure that currently stands at 1.2 percent.

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