Relevant:
- Calpers To Report Losses of 103% on its Residential Investments
- CalPERS may sell some residential land holdings amid big losses
- CalPERS probes oversight of two outside hedge fund advisors
- CalPERS tightening its control over hedge funds
- California Pension Fires BlackRock as Manager of Apartment Fund Portfolio
2012-01-18 — bloomberg.com
``The California Public Employees' Retirement System is selling its interests in 28 housing developments, about one-fifth of its residential real-estate portfolio, as the $226.5 billion fund reduces its property holdings, a spokesman said.''
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