calPERS
AmericanEtymology
Origin of calPERS
First recorded in 1990–95
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
But some of these purchasers, particularly Calpers, already owned stakes in the same assets they were buying, giving them an interest in avoiding a markdown of their existing holdings.
At Calpers, there was a high degree of overlap—about 70%—between the assets it bought and its existing holdings, people familiar with the matter said.
The overlap at Calpers presents a different issue.
As of Sept. 30, Calpers held three customized Blue Owl private-credit funds valued at $1.4 billion.
In addition, Calpers maintains investment authority over a so-called overflow fund.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.