Calpers joins US pension fund charge towards distressed debt

By Sayed Kadiri

US pension funds continue to put money to work in distressed debt strategies with California Public Employees' Retirement System among the institutions that are allocating towards new distressed funds

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TAGS: Ares Black Diamond Glendon Institutional investor

Comment by: Anonymous. Posted 5 years ago [2014-12-10 00:04:23]

Is it irony or harmony when an underfunded pension portfolio invests in distressed debt?