Calpers Sells $6 Billion of Private Equity at Discount

The video discusses the movement of large funds into private equity, focusing on CalPERS' strategy to manage its $50 billion holdings. It highlights the complexities of navigating private equity, including the use of discounts and secondary markets. The discussion also covers efforts to cut out intermediaries to save on fees and an accounting maneuver to manage cash flow effectively.

What does the term 'market dislocation' refer to in the context of private equity?

What are the challenges faced by CalPERS in managing their private equity holdings?

How did CalPERS manage to offload $6 billion worth of private equity?

Why does CalPERS prefer to manage their investments without intermediaries like Blackstone or Carlyle?

What was the reasoning behind delaying some actions until after June 30?