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California Public Employees' Retirement System Pretty Liberal with the Cash for Investments
BusinessWeekOnline Oct. 13, 2004
Excerpt: In the past three years, CalPERS has committed up to $760 million to Burkle for investments that aim to help underserved segments of society while, of course, still making money for the retirement fund. He has been putting the money to work in a string of deals that he says will benefit minorities, women, and blue-collar workers.
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