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| Private Equity Investment Act |
| Bill #: AB 1967 |
Author: Torrico |
| Version: Introduced 2/14/2008 |
Sponsor: SEIU |
| Location: Assembly PER&SS Committee |
Board Position: Oppose |
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Bill Text/Status |
| Summary:
Prohibits CalSTRS and CalPERS from investing in a private equity company that is owned by a sovereign wealth fund, or in a fund managed directly or indirectly by a private equity company that is owned by a sovereign fund, if the country(ies) associated with that sovereign wealth fund does not meet specified human rights criteria. |
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