Paul Cavazos

The value of DTE's pension assets is about $2.9 billion. The firm's asset allocation includes 48.7% in equities, 24.7% fixed income; 19.4% hedge funds; 6% private equity; and 1.2% short-term investments. The firm's target allocations for plan assets for 2011 are 20% to hedge funds and 10% to private equity funds.��