We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Better, but not good

8 June 2009 By Lauren Silva

The largest US public pension fund is considering raising its allocation to private equity and venture capital. In reality that’s just acknowledging the current composition in its funds. But this beats the alternative: dumping stakes at a big discount and reneging on commitments.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)