Capitol Fax.com - Your Illinois News Radar » Giannoulias wants to ...

Just left the City Club luncheon where the Treasurer talked about his initiative. Paul Green asked an interesting question…whether the actual beneficiaries of the funds, the state pensioneers, got to vote on whether these changes were made to their funds. The answer is no. ... Secondly, all the funds invest in a variety of alternative investment strategies, from real estate to private equity to ISBI's 10% stakes in hedge funds and “infrastructure.” The fees for many, ...

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