The pension has contributed $40m to Kohlberg Kravis Roberts’ joint venture with El Paso, which is investing in opportunities in oil and gas properties in the US.
The $150bn pension will consider more opportunities for internal management of investment assets as it looks for ways to cut costs.
The $113bn pension system, managed by Comptroller John Liu, will begin 1 July webcasting its board meetings and posting investment information online.
Pacific Corporate Group Asset Management formerly worked as the private equity consultant for the $7.9bn Rhode Island Public Employees' Retirement System.
The US pension may, if the price is right, sell up to $1bn-worth of private equity holdings on the secondaries market.
The Universities Superannuation Scheme is also growing its co-investment programme, having made six private equity co-investments in 2010 totaling about £120m.
CalPERS wants to build its infrastructure portfolio with 'like-minded partners', according to Christine Yokan, portfolio manager at the $226.3bn pension.
The £2.6bn listed UK investment trust is quitting its private equity programme five years after its formation.
The MENA-focused firm, which has deployed 75% of its $200m debut fund, has sold its stake in APR Energy to one of its co-investors, Albright Capital Management, and Soros Fund Management.
Limited partners last week warned GPs that fundraising in 2011 will be anything but easy unless firms can prove their ability to ‘generate outsized alpha’.