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Posted on: Dec. 3, 2019, 1:01 p.m.
As the California Public Employees’ Retirement System (CalPERS) presses on with co-investments in private equity, the risk of these investments are all too real. CalPERS was a co-investor in marketing firm Acosta Inc., committing around US$ 100 million as a co-investor with The Carlyle Group LP. Carlyle Group acquired Jacksonville, Florida-based Acosta in 2014. However, […] Full investment news articleRelevent to this post: The Carlyle Group California Public Employees' Retirement System,