[ineptech]

> 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]

Here's a link to their private equity fund status: 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-cal...

[downrightmike]

Until PE fleeces them