CalPERS Commits $5.488B to Alts - dakota.com

Nov 17, 2023 · The California Public Employees’ Retirement System (CalPERS) disclosed 29 commitments to alternatives, totaling $5.488 billion, made in Q2 according to materials from …

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CalPERS Commits $5.488B To Alts - Dakota.com

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Nov 17, 2023 · The California Public Employees’ Retirement System (CalPERS) disclosed 29 commitments to alternatives, totaling $5.488 billion, made in Q2 according to materials from …

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CalPERS Commits $6.85B To Alts - Dakota.com

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The California Public Employees’ Retirement System (CalPERS) made a total of $6.85B in new allocations across eight alternative investment funds during the second quarter, according to …

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CalPERS Commits $6.1B To Alts - Dakota.com

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Jun 12, 2024 · Within real assets, $200 million was committed to Grain Communications Opportunity Fund IV-A, $850 million to Global Infrastructure Partners V, and $1 billion to …

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CalPERS Commits Nearly $9 Billion To Alts In Q4 - Pensions

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Jun 10, 2024 · The pension fund also committed an additional $450 million to a healthcare growth equity manager RC Capital ’s RC CC Fund. CalPERS originally committed $300 million to the …

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CalPERS Commits $7.6B To Alts - Dakotafunds.com

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Apr 4, 2024 · The California Public Employees’ Retirement System recently disclosed commitments totaling over $7.6 billion to alternatives, according to materials from the March …

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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 …

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CALPERS Commits $1B To Private Equity - Dakotafunds.com

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Apr 4, 2024 · As of June 30, 2022, the $440 billion Retirement System has an actual and target allocation to private equity of 12% and 8% respectively.CALPERS Commits $1B to Private …

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CalPERS Allocates $6.4B To Alts YTD - Dakota.com

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Sep 12, 2024 · The California Public Employees’ Retirement System (CalPERS) disclosed $6.4B in commitments across 20 alternative investment strategies year to date in 2024 in investment …

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CalPERS Commits More Than $6.4bn Across Private Equity, Lending …

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Nov 15, 2024 · Pension giant CalPERS has made more than $6.4bn of new private equity and debt fund investments, with RedBird Capital scoring a significant portion of that capital.

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CalPERS Commits $100B To Low Carbon Investments - DailyAlts

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Nov 21, 2023 · CalPERS Commits $100B To Low Carbon Investments. It aims to halve the carbon emissions intensity of its investments by 2030.

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CalPERS Commits $7.6B To Alts - Dakota

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Mar 21, 2024 · In real assets, $850 million was committed to Global Infrastructure Partners V and $850 million to Global Infrastructure Partners V Co-Investment. Lastly, in private credit, $1.3 …

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CALPERS Commits $1B To Private Equity - Dakota.com

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The California Public Employees’ Retirement System has disclosed two private equity investments totaling up to $1 billion. $500 million was committed to growth equity fund, TPG …

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CalPERS Commits $500M To Nuveen Real Estate Fund - Dakota.com

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Oct 31, 2024 · The California Public Employees’ Retirement System (CalPERS) has made an investment totalling $500M in the real estate fund of TIAA-affiliated company Nuveen. Nuveen …

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Connecticut Retirement Commits $1.1B To Alts - Dakota

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Jan 16, 2024 · The Connecticut Retirement Plans and Trust Funds disclosed six recent commitments to alternatives, totaling $1.1 billion. In private credit, $125 million was committed …

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Connecticut Retirement Commits $1B To Alts - Dakota

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Feb 10, 2023 · The Connecticut Retirement Plans & Trust Funds has disclosed four alternative investments totaling up to $1 billion in a recent press release. Two co-investment funds with …

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State Of Wisconsin Invests $615M In Alts - Dakota.com

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Sep 11, 2024 · In real estate, SWIB committed $55M to High Street Real Estate Fund VIII and $35M to Penwood Select Industrial Partners VII Co-Invest. Lastly, in private credit, SWIB …

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LPL Lands $685M Wichita (KS) Group From Merrill Lynch

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Oct 10, 2024 · LPL Financial said a Wichita, KS-based team from Merrill Lynch have established Air Capital Wealth Management, a new independent practice operating under the LPL banner, …

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FAQs about CalPERS Commits $5.488B to Alts - dakota.com Coupon?

Will CalPERS meet its 40% Target Allocation?

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

How did CalPERS' CIO turnover affect the fund?

In the fiscal year, CalPERS committed $28 billion to private markets. Kazemi also noted during his presentation that CalPERS’ CIO turnover has had an impact on the fund. Gilmore succeeded Nicole Musicco, who left CalPERS in September 2023, becoming the second consecutive CIO to leave after only 18 months on the job. ...

Why is CalPERS' return so low?

Ali Kazemi, a managing director at Wilshire, CalPERS’ general investment consultant, said at the meeting that the pension fund’s lower-than-expected return could also be explained by its 10 percentage point gap between its actual and target private markets allocation. ...

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. ...

Why does CalPERS have a relative advantage in the private market?

Gilmore also said that one of CalPERS' relative advantage in the private markets is because it had made fewer commitments than its peers. “And that actually gives us an opportunity to get access to high quality funds and maybe to negotiate better terms and conditions,” he said. ...

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. ...