CalPERS Issues Statement about Business Relationship with Goldman Sachs Asset Management.Business Editors SACRAMENTO, Calif.--(BUSINESS WIRE)--Sept. 13, 2002 The following statement was issued today by Mark J.P. Anson, Chief Investment Officer of the California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). Public Employees' Retirement System (CalPERS), about the pension fund's business relationship with Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. Asset Management. "Some recent news reports have stated that CalPERS terminated in August 2002 Goldman Sach's CORE (Computer Optimized Research Enhanced) quantitative large-cap Large-cap A stock with a high level of capitalization, usually at least $5 billion market value. large-cap 1. Of or relating to the common stock of a big corporation that has considerable retained earnings and a large amount of equity growth product that was being run by the investment firm's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Office. Some news reports omitted the fact that in May 2002 CalPERS hired Goldman Sach's Tampa, Florida “Tampa” redirects here. For other uses, see Tampa (disambiguation). Tampa is a United States city in Hillsborough County, on the west coast of Florida. It serves as the county seat for Hillsborough County.GR6. office to manage a new fundamental stock research large-cap equity growth investment product. This relationship is not affected by the August action. Goldman Sachs remains one of our 13 domestic equity managers and we are confident in their ability to add value to our equity portfolio." |
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