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Doubling Down on Pension Losses?

When the economy tanked, public pension funds across the country — including here in Texas — lost billions. Some funds are looking to put more money into private equity, which promises big returns and carries big risks. As Matt Largey of KUT News reports, it could be doubling-down on losses already suffered.

When the economy tanked, public pension funds across the country — including here in Texas — lost billions. Some funds are looking to put more money into private equity, which promises big returns and carries big risks. As Matt Largey of KUT News reports, it could be doubling-down on losses already suffered.

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