FAC wins case against CalPERS for records on disastrous real estate investment
The Superior Court in San Francisco ruled Tuesday in FAC’s favor against CalPERS regarding access to records on their PageMill real estate investment. According to the ruling (FAC v CalPERS Order), the Court agreed with FAC that Govt Code section 6254.26, the exemption for certain information related to “alternative investments,” does NOT apply to real estate investments. The Court also rejected CalPERS’ arguments that the records were subject to exemption as “trade secrets” or on