CalPERS approves 9.3% budget increase

CalPERS approves 9.3% budget increase

CalPERS’ board on Tuesday approved a fiscal year 2023 budget of $2.1bn, up 9.3% from the prior year driven primarily by external alternative investment management fees. The staff at the $474.5bn California Public Employees’ Retirement System, Sacramento,...
KKR plans $14.7bn bid for Australia’s Ramsay Health Care

KKR plans $14.7bn bid for Australia’s Ramsay Health Care

Private equity giant KKR is working on a $14.7bn bid for Australian-listed global hospital and clinic group Ramsay Health Care. KKR declined to comment while Ramsay Health Care did not immediately respond to a request for comment outside normal Australian office...