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CalPERS Names a New CIO

CalPERS Names a New CIO
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How Private Equity Bribes Public Pension Fund Officials: Subsidized or Fund-Paid Travel and Entertainment

Yet more private equity corruption! And see how little it costs to buy the assent of public pension fund employees.

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Investment Product and Service Launches

Morningstar debuts personalized investment planning tool; eMoney Advisor has tax-planning solution incorporating SECURE 2.0 changes; Morgan Stanley Investment Management launches ESG-driven ETF fund platform; and more.

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Calpers Makes $1B Bet on Small Funds as New CIO Reshapes Pension

Calpers will invest $500 million each with TPG Inc. and GCM Grosvenor to help launch funds backing up-and-coming private equity firms.

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