Can big oil escape the ‘valley of death’?
FT News Briefing
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CalPERS Increases Exposure to Private Credit Amid Concerns
This chapter examines CalPERS' decision to modestly increase its target exposure to private credit to 8%, sparking discussions about potential risks to pension returns and retiree payouts. It also addresses the regulatory scrutiny in this sector and the demand for greater transparency.
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Transcript
