CalPERS Seeks Fresh Faces to Manage Investments “A one-day CalPERS event for new money managers, who want a chance to invest public pension funds, drew an overflow crowd this month, packing nearly 400 into a Sacramento hotel conference room with another 100 on a waiting list. Public pension systems, with some prodding from legislation, are stepping up a drive to spread their investments to firms owned and operated by minorities and women, often with what were called ...

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