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CalPERS becomes first investor in EMAlternativesEMAlternatives has secured its first investment, with a $100 million commitment from the California Public Employees’ Retirement System. The private equity fund investment specialist attempts to offer global investors exposure to markets they have not invested in before.
- Emerging market advisor opens for business
AlpInvest’s Ernest Lambers will be the chief investment officer of EMAlternatives, a trans-Atlantic advisory group specialising in emerging markets private equity.