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.






