. Leaked real estate reports that appeared in various media reports last year showed that CalPERS’s real estate consultant and real estate
quarter. A number of other hedge funds have also bought and sold shares of the stock. Oregon Public Employees Retirement Fund grew its
and Verus Advisory for private equity consultant; incumbent Meketa Investment Group and RCLCO Fund Advisors for real estate; and incumbent
public employers to prefund their future pension costs. The new program, known as the California Employers' Pension Prefunding Trust (CEPPT)
, private equity proved to be the portfolio’s top-performing asset class for the fiscal year, returning 18.4%, while private real estate