CalSTRS trims allocation to public equity by 4 percentage points
CalSTRS adopted a new asset allocation that reduced public equity by 4 percentage points to 38% while increasing its private capital allocations.
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CalSTRS adopted a new asset allocation that reduced public equity by 4 percentage points to 38% while increasing its private capital allocations.
The weekly recap of new hires, promotions and job changes in capital markets trading and technology.
Geraldine Jimenez will be responsible for public markets, while Mike DiRe will oversee private markets.
CalSTRS promoted Geraldine Jimenez and Mike DiRe to two newly created senior investment director positions leading public markets and private markets, respectively.
CalSTRS increased its liquidity risk limit and took another step in its gradual implementation of the asset allocation it adopted in 2019.