Private Vs Public, Round Umpteen - Sunday Roundup, December 10, 2023

The USD76 billion Pennsylvania Public School Employees’ Retirement System has lost most of its private equity team after cutting back on allocations to private assets, Bloomberg reported. PSERS, apparently, is one of a select few institutions willing to side with notorious PE-enemy Cliff “Stop The Volatility Laundering” Asness and others in questioning the high, steady