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CalSTRS Re-Ups with PCCP

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By Jon Peterson The California State Teachers’ Retirement System has invested $15 million in a $105.5 million follow-on fund raised by money manager PCCP to recapitalize a former Lehman Brothers private-equity mezzanine fund. CalSTRS made a $100 million commitment to the Lehman Brothers fund in 2005. In December, PCCP, which has offices in San Francisco, […]

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