Side Letter: CalPERS goes fee-lite; LatAm LPs back buyouts; Europe's SPAC battle
They said it
"Washington poses a risk because of one party's control and the anti-capitalist policies of its most progressive members. My hope is that the narrow majorities render radical legislation less likely."
In his latest memo, Oaktree's Howard Marks outlines why he's not calling the top of the market.
Californian co-investorsThe California Public Employees' Retir...