CalPERS switches infra consultant

The US pension fund fills the infrastructure consultant vacancy.

The California Public Employees’ Retirement System (CalPERS) has chosen Meketa Investment Group as its infrastructure investment consultant.

Meketa will replace StepStone, which stepped down from the role in early September.

CalPERS allocates approximately 1.2 percent of its $324 billion assets to infrastructure investments. 

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