Calpers looks to boost “under resourced” private debt team

Jun 11, 2024 · The US’s largest pension fund’s private debt team is “considerably under resourced” and needs to hire if it wants continued success, according to a quarterly report. …

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US Pension Funds Underallocated To Private Debt

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Jan 24, 2025 · The California Public Employees’ Retirement System (CalPERS) recorded the largest underallocation to private debt among US pension funds, falling $25.72bn short of its …

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Private Debt Annual Program Review - CalPERS

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Private Debt Annual Program Review as of March 31, 2024 . Agenda Item 5c, Attachment 1, Page 9 of 10 . Excess Return= 18 bps Excess Return= 184 bps . 14.6% 7.6%. Portfolio …

ca.gov

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CalPERS Boosts Private Equity And Private Credit Allocations, …

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Mar 19, 2024 · The committee, voting on March 18 at the end of the day following a closed session, increased private equity by 4 percentage points to 17% and boosted its new private …

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All The Latest Calpers News - Alternative Credit Investor

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Jun 11, 2024 · Calpers looks to boost “under resourced” private debt team. Selin Bucak. May 16, 2024. Calpers moots $25bn green private market investment. Hannah Gannage-Stewart. …

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CalPERS Assigns $8.6bn Across PE, Private Debt And Real Assets In Q4

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Jun 3, 2024 · The over 30 investment commitments were mostly made up of private equity fund and co-investment allocations, while there were also a handful of sizable private debt and real …

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CalPERS Selects Wilshire Advisors As Consultant For Private Debt ...

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Mar 21, 2022 · CalPERS added private debt as a new strategic asset class this November, allocating 5% of its assets to private credit, which has been taking off recently. Preqin has …

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CalPERS Will Increase Private Markets Investments

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Mar 19, 2024 · Private equity will increase from a target of 13% of the fund to 17% while private debt will increase from 5% to 8%. The private equity strategy has been successfully achieving …

ca.gov

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CalPERS’ In-House Private Debt Program Is Dead

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Aug 19, 2021 · The rejection by the committee last week is a major setback for the $469 billion pension system. CalPERS officials had planned to give out as much as $23 billion to …

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Riskier Bet: Why CalPERS, The Country’s Largest Pension Fund, Is ...

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Jul 9, 2020 · The board-approved policy allows CalPERS to put up to 5% of its total value into “opportunistic” investments, which includes private debt. That works out to about $20 billion, …

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FAQs about Calpers looks to boost “under resourced” private debt team Coupon?

How much is CalPERS worth?

The most recent (PDF) figures available for the fair value of the CalPERS private equity and private debt asset classes were $68.7 billion and $12.3 billion, respectively. Just last year (PDF), values for private equity and private debt stood at $63.5 billion and $10.9 billion, respectively. ...

How will CalPERS' private asset strategy change in 2022?

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 increase from a target of 13% of the fund to 17% while private debt will increase from 5% to 8%. ...

Will CalPERS raise its investments into private markets in 2024?

March 19, 2024 SACRAMENTO, Calif. – Moving to seize market opportunities and maximize returns from the highest performing asset classes, the CalPERS Board of Administration approved a proposal on Monday to raise the portfolio’s investments into the private markets. CalPERS continues to progress with the private asset strategy begun in 2022. ...

Who is the Chief Investment Officer of CalPERS?

The Chief Investment Officer of CalPERS is Mr. Meng. We learned that he was recruited to this position, but he has denied being recruited through the Thousand Talents Program. ...

Where can I find more information about CalPERS?

For more information, visit www.calpers.ca.gov. Moving to seize market opportunities and maximize returns from the highest performing asset classes, the CalPERS Board of Administration approved a proposal on Monday to raise the portfolio's investments into the private markets. ...

How will CalPERS' target allocations change under the new policy?

The target allocations for public equity and fixed income will decrease under the new policy. CalPERS' allocation for public equity will go to 37% of the fund and fixed income will be reduced to 28%. The Real Asset target is unchanged. Although each asset class has a specified target allocation, the policy allows for a given range. ...