American Prospect: “Labor Slams Pensions for Burnishing Image of Private Equity”

As KKR shops around a new ESG fund, top investors are helping promote its image as a socially responsible investor.

BY LEE HARRIS JUNE 17, 2022

The chief executive of Washington State Investment Board (WSIB), one of the nation’s largest pension funds, has become a major-league booster for private equity firm Kohlberg Kravis Roberts’s Ownership Works, a nonprofit that proposes to help companies distribute equity shares to employees.

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