CalPERS to keep reducing relationships, ramp up directsThe $231bn pension also plans to boost its exposure to private debt as well as specialty financing in emerging markets like China and Brazil.ByChristopher Witkowsky28 January 2013•2 mins readDealsFundraisingInvestorsPeopleAsia-PacificLatin AmericaNorth AmericaDirect InvestmentSecondariesPensionFundraising