CalPERS explores hedge fund return via separately managed accounts
Hedgeweek reports that CalPERS is exploring a potential return to hedge fund investing through separately managed accounts, 12 years after withdrawing from the industry, citing a Pensions & Investments report. The $653.8bn pension fund has held discussions with Goldman Sachs and Dockside Platforms, according to correspondence obtained through a public records request. June Kim, CalPERS' deputy chief investment officer for capital markets, is reportedly leading the review, with no decision stated.
Why “Unverified”
- Reported by Hedgeweek alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 48/100. How labels work
What the sources claim
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CalPERS is exploring a potential return to hedge fund investing through separately managed accounts 12 years after exiting the industry.
“is exploring a potential return to hedge fund investing through separately managed accounts (SMAs)”
Hedgeweek -
CalPERS has held discussions with Goldman Sachs and Dockside Platforms about gaining hedge fund exposure through SMAs.
“has held discussions with Goldman Sachs and Dockside Platforms about gaining hedge fund exposure through SMAs”
Hedgeweek -
The pension fund is reported to be $653.8bn in size.
“The $653.8bn pension fund”
Hedgeweek -
June Kim, CalPERS' deputy chief investment officer for capital markets, is reportedly leading the review.
“June Kim, CalPERS’ deputy chief investment officer for capital markets, is reportedly leading the review”
Hedgeweek
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-23 09:00 UTC. Labels are computed from the sources, not by the model.