Chart of the Week: Most LPs say big investors will reconsider hedge fund commitments

When the California Public Employees’ Retirement System, the largest pension fund in the United States, announced in mid-September it was divesting from hedge funds the decision sent waves through the private equity community—see accompanying chart. A survey by secondary buyer Coller Capital conducted shortly after the decision found nearly two-thirds (64 percent) of investors believe that large investors will reconsider their own commitments to hedge funds in light of CalPERS’s action.

5 January 2015•1 min read
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