All the latest Calpers news - Alternative Credit Investor

Jun 11, 2024 · Latest issue of Alternative Credit Investor Magazine out now. Popular Posts. Jobs

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US Pension Fund Calpers To Boost Private Debt Exposure

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Mar 20, 2024 · Calpers, the largest defined benefit public pension fund in the US, is set to increase its allocation to private markets this year – including private debt. The $483bn …

alternativecreditinvestor.com

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Calpers Looks To Boost “under Resourced” Private Debt Team

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Jun 11, 2024 · As of the end of March, Calpers’ private debt portfolio consisted of 41 underlying investments worth approximately $33bn (£25.9bn) of commitments, with an aggregate market …

alternativecreditinvestor.com

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CalPERS Boosts Private Equity And Private Credit Allocations, …

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Mar 19, 2024 · CalPERS' private equity portfolio made up 14% of the total portfolio, which was 1 percentage point over its target allocation. Dan Bienvenue, interim chief investment officer, …

pionline.com

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CalPERS Allocates $5.5 Billion To Alternatives

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Mar 8, 2023 · CalPERS piles $7.4 billion into alternative investments CalPERS slates $15.2 billion for private markets, releases FY22 alts returns CalPERS commits $14.3 billion to alternatives

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CalPERS Adds $7.5bn Across Private Debt, Equity - Alternatives Watch

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Nov 11, 2024 · in Investor News, Mandates, Pensions, Premium, Private Credit, ... nearly half of which went to credit managers. The $532 billion pension fund has roughly 31% of its overall …

alternativeswatch.com

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Calpers Moots $25bn Green Private Market Investment

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May 16, 2024 · Hannah Gannage-Stewart Global News, Top 3 Calpers, Peter Cashion US public pension Calpers plans to invest more than $25bn (£19.8bn) into climate-related private market …

alternativecreditinvestor.com

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CalPERS’ PE Head On Recapturing The Pension’s Lost Decade

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Dec 2, 2024 · With a series of structural changes, the system increased its PE assets to $85.4 billion as of the end of September, significantly up from $55.1 billion in March 2023. Private …

privateequityinternational.com

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CalPERS To Add $34bn To Private Markets In ... - Alternatives Watch

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Mar 19, 2024 · A new CalPERS analysis finds that private equity's 20-year annualized returns stand at 12.3% (PDF), making it the top performing asset class of the fund over that period. …

alternativeswatch.com

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CalPERS Slates $6.4 Billion For Alternatives

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Sep 11, 2024 · California Public Employees’ Retirement System, Sacramento, reported committing a total of nearly $6.4 billion in new and additional commitments to alternative …

pionline.com

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US Pension Plans Pour Billions Into Private Credit

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Dec 19, 2023 · The system held $524 million in private-credit as of Sept. 30, and aims to increase its exposure, said Michael Shackelford, chief investment officer of New Mexico’s pension system.

investmentnews.com

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CalPERS Takes Unnecessary Risks That Could Cost Taxpayers

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3 days ago · CalPERS plans to increase its investments in private equity and private credit by 20% so that it represents 40% of its portfolio. This increase comes at the cost of reducing …

reason.org

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CalPERS Commits Nearly $9 Billion To Alts In Q4

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Jun 10, 2024 · CalPERS plows $8.6 billion into alternatives, ... Latest ESG News; The Institutional Investor’s Guide to ESG Investing ... CalPERS also committed $650 million to Ares Senior …

pionline.com

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CalPERS Shifts $7bn Into Alts - Alternatives Watch

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Mar 16, 2022 · The California Public Employees' Retirement System added over $7 billion to alternatives at the tail end of 2021, including $4.4 billion in private credit strategies, with a …

alternativeswatch.com

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CalPERS Pledges More Than $7 Billion To Alts - Pensions

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Mar 18, 2024 · It also committed a total of $700 million to a co-investment vehicle for another direct lending fund, Ares European Credit investment VII. CalPERS had previously committed …

pionline.com

FAQs about All the latest Calpers news - Alternative Credit Investor Coupon?

Is CalPERS looking for a new Chief Investment Officer?

CalPERS offices in Sacramento. The pension fund is currently searching for a new chief investment officer. (Carl Costas / For The Times) The largest U.S. pension fund is ramping up its exposure to private equity and private credit in a $34-billion bet that the riskier assets will fuel higher returns. ...

What's new in the latest CalPERS news?

CalPERS increased its budget by 9.3% and adopted a new strategic asset allocation Nov. 15. The changes include adding a 5% private debt target, while also boosting private equity by 5 percentage points to 13% and increasing real assets by 2 percentage points to 15%. ...

How much will CalPERS spend on private equity and credit?

It also approved increasing private credit to 8% from 5%. Based on current values, that works out to about $34 billion aimed for private equity and credit, while CalPERS plans to pare its exposure to publicly traded stocks and bonds. ...

Why has CalPERS shifted from private equity to private equity?

The shift reflects confidence that CalPERS can ferret out attractive investments even as the fund significantly downgraded the expected 20-year returns from private equity in its latest market survey, citing increased financing costs. ...

Why is CalPERS boosting private assets?

A CalPERS consultant, Wilshire, backed the new asset mix and said boosting private assets is driven by “an increased belief” in the fund’s ability to funnel dollars to private equity commitments “rather than an improvement in the underlying return expectations between private vs. public market equities.” ...

How much money has CalPERS invested in a private debt fund?

CalPERS has recently committed nearly $2 billion into two private debt funds, Ares European Credit investment VII and Ares Senior Direct Lending Fund III, according to a board disclosure document. The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future. ...