The California Public Employees’ Retirement System for state employees lost 71% of its $468 million investment in a clean energy and technology private equity fund, state records show, but CalPERS won’t explain how. These losses are a major problem for California taxpayers, who at least for now are the backstop for underfunded state pensions, but [...]The post CA State Retirement Fund Lost 71% of $468M Put in Clean Energy, Won’t Say How appeared first on GV Wire.
CA State Retirement Fund Lost 71% of $468M Put in Clean Energy, Won’t Say How
