California State Teachers' Retirement System related stories
All articles and analysis
CalSTRS further refines PE portfolio mixThe $207bn pension fund is proposing the addition of two new sub asset classes in its private equity portfolio.
- BC Partners seeks staple for Fund X – exclusive
LPs in the buyout firm's 2011-vintage €6.7bn ninth fund will be offered bids for their stakes in the summer, Secondaries Investor has learned.
- ACON closes Fund IV on hard-cap
The US mid-market firm has amassed just over $1bn for the vehicle, which has already closed two deals.
- Letter from LA
Representatives of some of the private equity industry's most influential organisations, including CalSTRS, OTPP, Blackstone and the Carlyle Group, discussed the state of the asset class, with five main themes emerging from the Milken Institute Global Conference.
- CDR closes 10th fund on $9.35bn hard-cap – Exclusive
The firm had over $20bn in demand for Clayton, Dubilier & Rice X, which it started raising in October.
- From the archive: Desrochers on CalPERS 2.0
As Réal Desrochers prepares to leave the California pension plan, we revisit our interview with him in 2013 after he’d overhauled CalPERS’s entire approach to private equity.
- CalSTRS revises ESG policy, mulls direct investing models
The $196bn retirement system points to Dutch, Canadian and Australian pensions for their direct and co-investing approaches.
- CDPQ posts double-digit private equity returns in 2016
The C$270bn Canadian pension and insurance asset manager’s net private equity assets also rose 16% from 2015 to 2016.
- CalSTRS’ underserved programme hurts PE performance
The private equity performance at the second-largest US public pension fund has lagged due to a specific mandate that targets niche, underserved sectors and areas in California.
- NPS, KIC back BC Partners’ tenth fund
The two largest South Korean investors have committed around €360m to the London-headquartered firm’s latest vehicle.