California Pension Fund Fires the Adviser it Shares with Oregon Funds: Updated

News The nation's largest pension fund announced yesterday it would fire a long-time adviser. The California Public Employees' Retirement System, which manages more than $200 billion in assets, ended its relationship with the Pacific Corporate Group, which both advised Calpers on investments in leveraged buyout funds and also managed money for Calpers. According to news reports, Calpers was concerned ...   More