| 16.07.2009 Opalesque Exclusive: CalPERS’ CIO to Senate: Hedge funds and private equity indispensable, but changes in oversight required |
| By the Opalesque Team: CalPERS’ CIO, Joe Dear, testified July 15 before the U.S. Senate Banking Subcommittee on Securities, Insurance and Investment. Mr. Dear’s testimony was presented at a hearing on options for regulating hedge funds and other private pools of capital. CalPERS is the largest public pension system in the United States with a total fund market value of approximately $180 b |
| Article source: http://www.calpers.ca.gov/eip-docs/about/press/news/invest-corp/dear-senate-testimony-regulating-hedge-funds.pdf - Opalesque is not responsible for the content of external internet sites |