Quote:
Originally Posted by brandon12
Urban,
I think you're generally right about Calpers' historical risk aversion, but I've read in several places lately that they plan to seek greater risk/returns in the near future (they have a new Chief Investment Officer that is starting real soon (if he hasn't started already)
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I know that one of their new investment strategies is to involves urban projects.
Does anyone know what Cal Pers investment protfolio looks like? Or rather how much is Cal Pers worth??? I know it's billions, but I'm not sure exactly how much.
I think if I had a choice between Cal Pers and a Fortune 500 Company I would definitely keep Cal Pers HQ locally.
As a Fortune 500 Comapny they would probably be at the very top...
They're flush with $$$$$