19.02.2009 Institutions – Opalesque Exclusive: CalPERS ups alternatives by 43% in fiscal 2008 while yields decreased from 27 to 5.8%
CalPERS has published its Comprehensive Annual Financial Report (CAFR) and Operations Summary for the fiscal year ending June 30, 2008.

At June 30, 2008, the Public Employees’ Retirement Fund (PERF) held $24.0 billion in alternative investments, an increase of $7.2 billion from $16.8 billion at the 2007 fiscal year end. Alternative investments yielded a return of approximately 5.8 perce

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