What Hospital Mergers, Legacy Insurance Products, and Weak Fiduciary Oversight Have in Common By Christopher Tobe, CFA, CAIA Ted Siedle and I have written extensively about billions of dollars trapped in aging private equity, venture capital, and real estate partnerships at CalPERS and other public pension systems. Those investments often survive long after their expected … Continue reading Hospital Zombie Funds: The Hidden Retirement Plan Time Bomb No One Is Talking About