The California Public Employees’ Retirement System paid $1.1 billion in performance fees to private equity firms in the last fiscal year.
The California Public Employees’ Retirement System paid $1.1 billion in performance fees to private equity firms in the last fiscal year. Sacramento Bee file
The California Public Employees’ Retirement System paid $1.1 billion in performance fees to private equity firms in the last fiscal year. Sacramento Bee file

Private equity funds are a bad deal for retired state workers

December 14, 2015 12:45 AM

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