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Orange County Employees Retirement System
Santa Ana, California ,United States
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Turkish Investment South Florida | Serhan Unsal
A Turkish investor was awarded more than $1.81 million after he alleged in a civil suit that he was defrauded on fives real estate investments in Broward County. Serhan Unsal, who owns a Turkish textile factory, filed a civil theft suit against defendants Taner Gokalp and Ertugrul Meric, according to the Daily Business Review. He claimed that he was defrauded out of nearly $300,000 from two real estate investments, and $167,000 on three properties he ... [more] Full investment news article
Exploring A New Private Equity Model
For more than a year, CalPERS has undergone thoughtful research and analysis of new approaches to the private equity portfolio. Private equity has been CalPERS' highest returning asset class over the past 20 years, including a 16.1 percent return in fiscal year 2017-18. We believe we can increase returns even more by implementing innovative approaches to this important asset class. A direct model allows CalPERS to better source and take advantage of investment opportunities in private equity. As the Fund ... Full investment news article
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