state pension plans

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Dec 18, 2023 by Peter Lacaillade · across every show →

Everything said about state pension plans, oldest first

Dec 18, 2023
Assertion Partly supported
Lacaillade: Charter rules block large state pensions from sub-$1B funds
“They have a rule in their charter that they can't be more than 10% of a fund. And they can't write less than a hundred million dollar check. Therefore, they can't invest in funds that are smaller than a billion dollars.”
Peter Lacaillade Dec 18, 2023 ▶ 7:45 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
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