| Notes |
Stockbridge Capital, handles CalPERS real estate investments. Jack Sylvan, the redevelopment director for the Treasure Island project, recently confirmed that CalPERS has placed funds with the Treasure Island development. As of 2009, the pension fund had about $62 million invested in Stockbridge projects, not always with favorable returns. Earlier this year, it was reported that CalPERS pulled out of a Stockbridge-managed deal that included Wilson Meany Sullivan, and lost $91 million in the process. |