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One of the authors of the report said finance alone cannot be relied upon to tackle climate change.
Margaret Brown’s final public meeting may have been this month, but the defeated CalPERS board member and pension plan critic isn’t going away quietly.
The action catapults the hedge-fund firm into the ranks of the biggest foreign managers of private funds in the world’s second-largest economy.
A Midwestern plan approved three commitments at its investment committee meeting last week.
Plan approved a new asset allocation as continues work toward separating its assets from the state’s division of investment.
She will help co-manage several strategies starting next year.
Plan added $40 million in value-add real estate commitments last week to help reach its 15% target to the overall asset class.
The plan terminated two of its international equity managers last month.
The fund is looking for emerging managers-of-managers to handle domestic small-cap and large-cap equity portfolios.
The plan hired two emerging markets equity managers and approved three private markets fund commitments.