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Time to shed light on CalPERS’ private equity investments
[…] in federal court last week was shocking even by CalPERS’ standards. Frederico Buenrostro, CalPERS' top official from 2002 to 2008, acknowledged in his plea agreement with the government that he had taken $200,000 in cash bribes, delivered in paper bags and shoe boxes, to influence CalPERS’ investment decisions in private equity funds. The paper […]
July 15, 2014