Potential
to reduce fees paid to PE managers and generate strong returns spurs
institutional investors to find ways to collaborate with firm managers.
Pension plan sees private
equity co-investing as key component but needs the right people to execute.
System’s CIO believes most of its peers will
also have negative results.
Plans see, project big savings from bringing investment functions in-house.
Bills
would have forced pension funds to sell off some $13B of assets.
CalSTRS, Florida SBA and Orlando Police pension fund among other pension funds with stakes in social network.