California Public Employees' Retirement System related stories
All articles and analysis
CVC, Dunedin close oversubscribed fundsThe two UK-based firms, which operate at different ends of the buyout spectrum, have shown investor appetite for Europe remains strong.
- Capital Dynamics seeks US private equity leader
The fund of funds and advisory group is actively searching for a head of US investments as it expands its US reach.
- California pensions show strong returns
California’s public workers’ and state teachers’ retirement systems revealed high preliminary private equity return rates for the fiscal year, though both institutions missed their benchmark targets for the asset class.
- TPG seeks investment period extension
The firm has asked LPs to give it more time to invest Fund VI, a move that could push the launch of TPG’s next fundraising into 2014.
- GenNx360 collects $347m for Fund II
The firm is targeting $750m for Fund II, which will focus on North American investments in the industrial, manufacturing and support services sectors.
- Headier times
US pensions may be increasing their allocations to private equity. But the current row over fund expenses shows they’re also keeping GPs on a tighter leash.
- US pension funds see happy private equity returns
The latest performance from some of the biggest public pension plans in the US bode well for other institutional investors’ returns in 2013.
- CalSTRS rehires PCA as consultant
The $152bn pension system, which has alternated advisors frequently during the past two decades, has rehired Pension Consulting Alliance as its private equity consultant.
- Braemar collects $280m for third fund
The venture firm is targeting $300m for investments in energy and cleantech companies.
- CalPERS hires Credit Suisse for emerging managers
The $226bn retirement system has awarded a $100m commitment to Credit Suisse to build exposure to domestic emerging managers. Credit Suisse beat out Centinela Capital for the mandate.