CalPERS issues memo on hedge fund "governance"

Mon Apr 6, 2009

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The California Public Employees' Retirement System sent its hedge fund partners a letter detailing the staff's intent to review each of its manager's relationships in 2009 and modify those management agreements and/or investment vehicles to address concerns about hedge fund "governance".

These actions may...

ISSN: 2151-1845 / CDC10004H

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