Talking about infrastructure: Harrigan, Brazilian fund heads discuss potential for strategic partnership.(News)

Pensions & Investments, June, 2003

Byline: Michael Kepp RIO DE JANEIRO - After meeting with Sean Harrigan, president of the CalPERS board of trustees, the heads of Brazil's three biggest pension funds walked away hopeful that they would become strategic partners with the California fund to invest in Brazilian firms. Mr. Harrigan, elected head of the $131 billion California Public Employees' Retirement System, Sacramento, discussed the subject with the heads of Caixa de Previdencia dos Funcion rios do Banco do Brasil (Previ), the pension fund of the state-controlled Banco do Brasil; Fundacao Petrobr s de Seguridade Social (Petros), the pension fund of the state oil company Petrobras oil company; and Fundacao dos Economiarios Federais (Funcef), the pension fund of the federal savings bank.

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