The $312 billion California State Teachers’ Retirement System investment committee discussed the formation of a new $7.8 billion Opportunities Portfolio as a way to invest in a rapidly shifting marketplace earlier this month.
The discussion provides a snapshot of the shifting alternative investment marketplace as more firms create hybrid investment strategies and co-investment opportunities that don’t fit neatly within traditional asset mixes.
Scott Chan, CalSTRS deputy CIO, outlined the pension funds’ collaborative model as an effort to bring more assets internal to save on costs and fees, to boost our returns and . . .
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