Posted on 11/15/2002 10:16:25 AM PST by NormsRevenge
Edited on 04/13/2004 3:29:59 AM PDT by Jim Robinson. [history]
The nation's largest pension fund will have to provide performance data about its private investments to the Mercury News unless its investment partners can prove the information is a trade secret, a judge ruled Thursday.
The California Public Employees' Retirement System's data from individual private equity partnerships ``is not a trade secret and is disclosable,'' Judge James Robertson said at a state court hearing in San Francisco. He gave CalPERS three weeks to get its investment partners to show why the data should be kept confidential.
(Excerpt) Read more at bayarea.com ...
Could you ping me to any other stories you post on this subject?
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