California Public Employees' Retirement System related stories
All articles and analysis
Enterprise Investors raises €314m for Fund VIIThe Polish firm’s final close – below its €650m target – comes after a string of exits by previous vehicles.
- Actis retools fundraise, head of IR to depart
Actis has cut the target and changed the structure of its fourth fund after spending almost two years in the market targeting a total of $3.5bn.
- LP Radar: CalPERS’ emerging thought
The system has taken a beating over the past year from the private equity emerging manager community for what has been perceived as a lack of support. But CalPERS’ actions show the system appears to be as dedicated as ever to incubating new, talented managers, writes Christopher Witkowsky.
- CalPERS ‘graduates’ Clearlake
Clearlake was formerly part of the system’s emerging manager programme, but ‘graduated’ from the programme when CalPERS made a $50m commitment to the firm’s third fund.
- CalPERS commits $900m to private equity
The $263.9bn pension fund has committed capital to Blackstone's GSO, Silver Lake and Triton so far this quarter.
- CVC nears €7bn first close
CVC, which is targeting up to €9bn for its sixth European Equity Partners fund, has offered LPs a first close discount.
- Dear steps back at CalPERS
Theodore Eliopoulos, CalPERS’ senior investment officer for real assets, has taken on the acting CIO role as Joe Dear battles prostate cancer.
- CalPERS loses senior investment officer
Janine Guillot has stepped down as chief operating investment officer but will remain at the system through the summer.
- CalPERS to sell stake in Carlyle
Roughly 12 years after purchasing a minority stake in Carlyle’s management company, CalPERS plans to exit its investment in the fund manager via a Carlyle secondary offering.
- CalPERS warns HRJ ruling sets dangerous precedent
Capital Dynamics’ fund of funds HRJ Capital has been in a dispute with former employees who claim to be owed in wages and management fees.