billion California Public Employees' Retirement System is
looking to source its own hedge fund talent via a new
multi-strategy hedge fund platform. Called Sprout, it will be
structured to find and develop skilled, emerging hedge fund
The largest US pension fund, and one of the largest
institutional allocators to hedge funds in the world, CalPERS
had $5.9 billion in hedge fund investments spread among 26
single manager funds and nine funds of hedge funds as...