CalPERS commits $15.2B to private markets – Private Equity Insider

CalPERS commits $15.2B to private markets CalPERS made commitments of up to $15.2 billion to new and existing alternative investment strategies in Q3 2022, according to a report by …

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CalPERS Commits $15.2B To Private Markets – Private Equity Insider

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CalPERS commits $15.2B to private markets CalPERS made commitments of up to $15.2 billion to new and existing alternative investment strategies in Q3 2022, according to a report by …

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CalPERS Commits $15.2bn To Private Markets | Private Equity Insights

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Nov 16, 2022 · CalPERS made commitments of up to $15.2bn to new and existing alternative investment strategies in Q3 2022, according to a report by Pension & Investments Online. The …

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CalPERS Will Increase Private Markets Investments

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CalPERS continues to progress with the private asset strategy begun in 2022. The proposal will increase total private market allocations from 33% of plan assets to 40%. Private equity will …

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CalPERS Slates $15.2 Billion For Private Markets, Releases FY22 Alts ...

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Nov 8, 2022 · CalPERS also committed a total of $2.1 billion to three private credit strategies all managed by Owl Rock Capital Partners: $1 billion to OR Diversified Lending (CP), $600 …

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Calpers To Increase Investments In Private Equity - The Wall Street …

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Mar 19, 2024 · The California Public Employees’ Retirement System, or Calpers, said Tuesday its board had approved a proposal to increase total private-market allocations from 33% of plan …

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Calpers To Invest More Than $30bn In Private Markets - Financial …

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Mar 19, 2024 · Calpers, the US’s biggest public pension plan, is to increase its holdings in private markets by more than $30bn and reduce its allocation to stock markets and bonds in an effort …

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Private Equity Insider On LinkedIn: CalPERS Commits $15.2B To …

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CalPERS made commitments of up to $15.2 billion to new and existing alternative investment strategies in Q3 2022, according to a report by Pension &…

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CalPERS Looks To Up Its Private Equity & Infrastructure Investing

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Sep 16, 2022 · It will seek to commit $15 billion or more annually to reach or stay at its 13% target allocation. CalPERS’ board approved increasing its target allocation to private equity to 13% …

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CalPERS New CIO Explains Underperformance, And Filling In Alts ...

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Sep 18, 2024 · CalPERS is gradually increasing its private markets exposure to meet its 40% target allocation, from its 30% actual and 33% former target.

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

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Mar 19, 2024 · The $483 billion California Public Employees' Retirement System (CalPERS) announced plans to boost its private markets commitments going forward while reporting …

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FAQs about CalPERS commits $15.2B to private markets – Private Equity Insider Coupon?

Why did CalPERS increase its private markets exposure?

The increased allocation was by boosting private equity by 4 percentage points to 17% and private debt by 3 percentage points to 8% at the expense of public equity and public fixed income. Increasing CalPERS private markets exposure will give the fund a wider range of the investable markets but less liquidity, he said. ...

Why did CalPERS expand its portfolio in 2021?

In 2021, Calpers’ board approved an expansion into private assets including private equity, real assets and private debt, from 21 per cent to 33 per cent of the portfolio, and gave itself the ability to borrow money to invest in assets that would help diversify its holdings. ...

Will CalPERS increase its bet on private equity?

As part of the move, Calpers will increase its bet on private equity from 13 per cent to 17 per cent of its portfolio, although this could potentially rise as high as 22 per cent. At the same time, it is pulling back from investing in stock markets, with its allocation to equities set to fall from 42 per cent to 37 per cent of its portfolio. ...

How does CalPERS evaluate private equity performance?

In evaluating private equity performance, CalPERS emphasizes using both the realized Internal Rate of Return (IRR) and Investment Multiple. Interim IRRs by themselves are not the best indicators of current or future fund performance. The IRR is calculated based on CalPERS records of cash flows and financial statements from the investment managers. ...

Should CalPERS invest in private markets?

Increasing CalPERS private markets exposure will give the fund a wider range of the investable markets but less liquidity, he said. Gilmore also said that one of CalPERS' relative advantage in the private markets is because it had made fewer commitments than its peers. ...

Will CalPERS increase private-market allocations?

The California Public Employees’ Retirement System, or Calpers, said Tuesday its board had approved a proposal to increase total private-market allocations from 33% of plan assets to 40%. Copyright © 2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 ...