Reuters - CalSTRS to Review Bushmaster Investment

The California State Teachers' Retirement System said on Monday it was reviewing its investment with Cerberus Capital Management LP, the private equity firm that controls Bushmaster Firearms International, in light of last week's school shooting in Connecticut. With $155 billion in assets under management, CalSTRS is the largest teachers' fund and the second-largest pension fund in the United States, making it a powerful voice in the investment community that may influence others in reaction to the shooting, Reuters wrote Monday.

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