Calpers joins US pension fund charge towards distressed debt

By Sayed Kadiri

US pension funds continue to put money to work in distressed debt strategies with California Public Employees' Retirement System among the institutions that are allocating towards new distressed funds

Subscriber-only article

This article is available only to Creditflux subscribers and free trial users within 30 days of publication.

Already a subscriber? Not logged in? Click here to login.

If you have not already done so,
you may request a FREE TRIAL by clicking here

This trial will give you:
  • 4-weeks' free online access to our
    most recent subscriber-only articles
  • Daily breaking news alert sent by email
  • A print copy of Creditflux

If you currently have a free trial, you will see this message when you try to view articles older than 30 days.

TAGS: Ares Black Diamond Glendon Institutional investor

Comment by: Anonymous. Posted 4 years ago [2014-12-10 00:04:23]

Is it irony or harmony when an underfunded pension portfolio invests in distressed debt?