CalSTRS will consider increasing its target private equity allocation...

CalSTRS will consider increasing its target private equity allocation to 8% of total assets from 5%. The $103 billion California State Teachers’ Retirement System’s staff and consultant Pension Consulting Alliance recommended the change, said Sherry Reser, public information officer. The proposal will be discussed at the next meeting of the Sacramento, Calif.-based system’s investment committee on Oct. 10. Ms. Reser said the system is not seeking manager inquiries at this time.