CalPERS.(Hirings)(California Public Employees' Retirement System)(Chicago Policemen's Annuity and Benefit Fund )(Citigroup-United Kingdom )

Pensions & Investments, May, 2006

SACRAMENTO, Calif. - The $210 billion California Public Employees' Retirement System committed $45 million to Lombard Asia III, a $153.5 million private equity fund focusing on non-controlling stakes in the Asia Pacific region (ex-Japan). CalPERS also committed $23.8 million to ITU Ventures III, a $160 million seed capital and early stage venture capital firm investing in technology businesses.

Chicago Police CHICAGO - Chicago Policemen's Annuity and Benefit Fund hired Taplin, Canida & Habacht to run $50 million in active domestic core fixed income and LM Capital Group to manage $25 million in core-plus fixed income, confirmed John Gallagher Jr., executive director. Core-plus is a new allocation for the $3.9 billion pension fund. Taplin replaced Holland...

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