BUSINESS BRIEFING
- Share via
Times Wire Reports
The California Public Employees’ Retirement System and real estate advisor MacFarlane Partners severed ties as the fund reviews the performance of its investment managers.
MacFarlane Partners, the San Francisco real estate firm that helped CalPERS invest in affordable housing, resigned as manager of California Urban Investment Partners, a spokeswoman for MacFarlane said.
CalPERS put more than $1 billion in the urban program. CalPERS declined to comment.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
