2min chapter

FT News Briefing cover image

Can big oil escape the ‘valley of death’?

FT News Briefing

CHAPTER

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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