CalPERS approves $500m commitment

The US public pension has backed a North America-focused fund.

13 September 2017

California Public Employees’ Retirement System committed $500 million to Onex Partners V, a buyout fund. The investment was made by staff in July.

The $324 billion US public pension has an 8 percent allocation to private equity that is currently at target.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.

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