California SB1319 amends the California Public Records Act to require public investment funds to disclose certain information about their alternative.
California SB1319 amends the California Public Records Act to require public investment funds to disclose specific information about their alternative investments. This includes details such as the dollar amount of cash contributions, distributions, and fees, as well as performance comparisons and employee data for certain investments. The bill aims to balance public access to information with the protection of trade secrets.
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- Legal Framework
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