The Sacramento Bee CalPERS is revving up its biotechnology strategy. Seizing on what it called “compelling investment opportunities,” the California Public Employees’ Retirement System said Thursday it has approved placing $285 million with five biotech funds. The investments represent the first chunk of dollars spent from a $500 million fund set up […]
Silicon Valley Business Ink Bay Area biotech venture capitalists just got a $235 million shot in the arm from the California Public Employees Retirement System. In June CalPERS unveiled its $500 million California Biotechnology Program, a new venture for the state employees’ pension fund, and recently announced the firms that will receive the first round […]