{"id":13694,"date":"2010-01-15T14:59:45","date_gmt":"2010-01-15T18:59:45","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/01\/2010\/calpers-says-middlemen-received-at-least-125-million.html"},"modified":"2010-01-21T11:19:48","modified_gmt":"2010-01-21T15:19:48","slug":"calpers-says-middlemen-received-at-least-125-million","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2010\/calpers-says-middlemen-received-at-least-125-million.html","title":{"rendered":"Calpers Says Middlemen Received at Least $125 Million"},"content":{"rendered":"<p> Jan. 14 (Bloomberg) &#8212; The California Public Employees\u2019 Retirement System, the largest U.S. public pension, said private investment firms paid at least $125 million to placement agents for help winning contracts to manage the fund\u2019s money.<\/p>\n<p>The pension fund today released more than 5,000 pages of documents it sought from fund managers detailing when they hired middlemen and how much they paid. To the best of the pension\u2019s knowledge, the top-earning agent was a firm run by former board member Alfred Villalobos, who received $58.9 million in the last decade, as Calpers disclosed last year.<\/p>\n<p><strong><a title=\"Read Complete Article\" href=\"http:\/\/www.businessweek.com\/news\/2010-01-14\/calpers-says-middlemen-received-at-least-125-million-update1-.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jan. 14 (Bloomberg) &#8212; The California Public Employees\u2019 Retirement System, the largest U.S. public pension, said private investment firms paid at least $125 million to placement agents for help winning contracts to manage the fund\u2019s money. The pension fund today [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13694","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=13694"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13694\/revisions"}],"predecessor-version":[{"id":13762,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13694\/revisions\/13762"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=13694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=13694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=13694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}