BlackRock is reportedly in talks with Calpers to manage all or part of the latter’s private equity investments – currently valued at around $26.2 billion. A possible deal between the largest asset manager and the largest U.S. pension fund works in favor of both parties.
from Forbes Real Time https://www.forbes.com/sites/greatspeculations/2017/09/14/blackrocks-alternatives-business-could-gain-significantly-from-potential-calpers-deal/
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