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Pensions Betting Big on Private Equity?
Pension Pulse Link to more items from this source
[Opinion]
Jan. 27, 2013
"[W]ith interest rates at a historic low, that 8% bogey will be extremely difficult to meet in the next decade. Shifting more assets into private equity might help pensions meet their target return but it also exposes them to other risks such as illiquidity risk, valuation risk, manager selection risk, lack of transparency and potential conflicts of interest."

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