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News in Numbers

$3 billion to $4 billion

So-called performance fees, which are rarely reported, paid to Wall Street firms by public pension funds each year.

September 27, 2018 •

Caroline Cournoyer

So-called performance fees, which are rarely reported, paid to Wall Street firms by public pension funds each year.

Caroline Cournoyer

Caroline Cournoyer is GOVERNING's senior web editor.

See More Stories by Caroline Cournoyer

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