Institution: California State Teachers’ Retirement System
Headquarters: Sacramento, United States
Allocation to alternatives: 25.75%
California State Teachers’ Retirement System plans to launch a request for proposal in an effort to expand its options for a private equity consultant. The pension is currently under contract with Meketa Investment Group, which expires in September 2020.
As illustrated in the charts below, CalSTRS devotes 25.75 percent of its full investment portfolio to alternative assets. The pension has a strong appetite for global private equity funds across diversified strategies and sectors.
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