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> However, they recently switched to investing in private equity funds and now they are getting much better returns TFA says otherwise, in detail and with a lo
by ineptech 7mo ago
> However, they recently switched to investing in private equity funds and now they are getting much better returns
TFA says otherwise, in detail and with a lot of supporting data. If you're going to contradict it you ought to cite a source.
- vondur 7mo agoHere's a link to their private equity fund status: https://www.calpers.ca.gov/investments/about-investment-office/investment-organization/pep-fund-performance?utm_source=chatgpt.com https://www.calpers.ca.gov/investments/about-investment-offi... And here's a link to the CalPers celebrating their new ROI: https://news.calpers.ca.gov/celebrating-10th-anniversary-calpers-ceo-cites-improved-funded-status-as-top-achievement/ https://news.calpers.ca.gov/celebrating-10th-anniversary-cal...
- downrightmike 7mo agoUntil PE fleeces them