CalPERS, through its first joint venture with Rodamco North America...

CalPERS, through its first joint venture with Rodamco North America, will invest $222 million for a minority stake in three U.S. shopping malls owned by Rodamco, said Brad Pacheco, CalPERS spokesman. The $156 billion California Public Employees’ Retirement System, Sacramento, will hold a stake in Century City Shopping Center Marketplace, Los Angeles; Houston Galleria, Houston; and Oakbrook Center, Oak Brook, Ill.