Private Debt Program Fund Performance Review - CalPERS

The table is updated quarterly and provides information on the status of all active CalPERS private debt commitments; it doesn't include any exited partnership investments. The Fund …

CouponFollow Extension

6%
OFF

CalPERS Makes $2bn Commitment To Private Debt Fund

3 weeks from now

Nov 9, 2020 · Institution: California Public Employees’ Retirement System Headquarters: Sacramento, US AUM: $419.82 billion Allocation to alternatives: 19.6% California Public …

privatedebtinvestor.com

6%
OFF

Private Debt Annual Program Review - CalPERS

3 weeks from now

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

$483
OFF

US Pension Fund Calpers To Boost Private Debt Exposure

3 weeks from now

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

$30
OFF

Calpers To Boost Private Assets By Over $30B, Move Away From …

3 weeks from now

Mar 19, 2024 · 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 …

fa-mag.com

5%
OFF

CalPERS Propose New Debt Policy Changes - Private Debt Investor

3 weeks from now

Mar 25, 2024 · Institution: California Public Employees’ Retirement System Headquarters: Sacramento, US AUM: $482.9 billion Allocation to private debt: 2.5% California Public …

privatedebtinvestor.com

$34
OFF

CalPERS Has $34B Bet On Private Equity, Shifts From Equities

3 weeks from now

Mar 19, 2024 · 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 …

investmentnews.com

$34
OFF

Calpers Raises Bets On Private Equity, Credit Bets In $34 Billion Shift ...

3 weeks from now

Mar 19, 2024 · 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 …

moneycontrol.com

$24
OFF

CalPERS Private Debt Program

3 weeks from now

• As of December 31, 2022, the underlying private debt portfolio consisted of 33 underlying investments totaling approximately $24.0 billion of commitments with an aggregate market …

ca.gov

$33
OFF

Calpers Looks To Boost “under Resourced” Private Debt Team

3 weeks from now

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

3%
OFF

CalPERS Veteran Who Oversees Private Debt Bets To Leave In July

3 weeks from now

May 23, 2024 · CalPERS’s private debt exposure totaled $12.8 billion as of April 30 and was the firm’s best-performing segment last year with a return of 13.3% through Dec. 31 — …

pionline.com

$180
OFF

CalPERS Takes Unnecessary Risks That Could Cost Taxpayers

3 weeks from now

3 days ago · As of its latest report, the California Public Employees’ Retirement System has $180 billion in unfunded liabilities. To reduce this debt, the nation’s largest pension system recently …

reason.org

13%
OFF

CalPERS Will Increase Private Markets Investments

3 weeks from now

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

$9
OFF

In Brief: CalPERS' Private Debt Programme Conducts ESG Due …

3 weeks from now

Mar 14, 2023 · Private debt GPs seeking CalPERS’ capital should be prepared to answer questions about ESG. The California Public Employees Retirement System – which has a $9.2 …

newprivatemarkets.com

6%
OFF

CalPERS Approves $750m Commitment - Private Debt Investor

3 weeks from now

Dec 2, 2021 · Institution: California Public Employees’ Retirement System Headquarters: Sacramento, US AUM: $490.18 billion Allocation to alternatives: 21.6% California Public …

privatedebtinvestor.com

FAQs about Private Debt Program Fund Performance Review - CalPERS 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. ...

Why did CalPERS adopt a new asset mix?

The $490 billion pension fund adopted the new asset mix following a mid-cycle review based on updated market assumptions. Calpers is currently searching for a new chief investment officer after Nicole Musicco’s abrupt resignation in September, less than two years after she took the reins. The next investment chief will face a 6.8% return target. ...

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. ...

How much will CalPERS spend on private equity & 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. ...

Does CalPERS have unfunded liabilities?

According to the CalPERS chart Historical Factors Impact Funded Status (1993-2018), the most recent year with no unfunded liabilities was FY 2007. CalPERS has received criticism for the number of retirees (26,000 in 2018) who collect over $100,000 a year in pension. ...