Records: Placement agents gain millions for arranging CalPERS deals:

Companies seeking contracts with the California Public Employees' Retirement System paid more than $125 million to placement agents for help in getting the business. The information came from documents released by the pension fund, which had demanded data from advisers and investment managers. The records show two of CalPERS' board members, Alfred J.R. Villalobos and William D. Crist, were among those paid to arrange deals.

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