Church Pension Fund trims China PE, but stays committed

Church Pension Fund, a $17 billion New York-based pensions manager, has reduced exposure to China's private equity market and slowed the pace of investment amid geopolitical tensions, according to its private equity chief. However, the fund remains engaged and committed to the market. “I'm hoping that we remain engaged and committed to investing in China under the restrictions but we have to be cognizant of the geopolitics. You really shouldn't be in areas that are very, very se…