CalPERS Commits $1 Billion to Fund Investor Entrepreneurship and ...

For more than eight decades, CalPERS has built retirement and health security for state, school, and public agency members who invest their lifework in public service. Our pension fund serves more than 2 mi… See more

CouponFollow Extension

$1
OFF

CalPERS Commits $1 Billion To Fund Investor Entrepreneurship And ...

3 weeks from now

ca.gov

8%
OFF

CalPERS Pledges $1bn To Private Market Start-ups

3 weeks from now

Jan 10, 2023 · The move is part of its shift into private markets, with private equity the top performer in the CalPERS portfolio and its allocation scheduled to increase from 8% to 13%. …

alternativefundinsight.com

8%
OFF

CalPERS Pledges $1bn To New Private Markets Fund Managers

3 weeks from now

Jan 11, 2023 · Private Equity is the highest performing asset class in the CalPERS portfolio and its allocation was increased from 8% to 13% starting with the 2022-23 fiscal year. Additionally, …

marketsmedia.com

$1
OFF

CalPERS Commits $1bn To PE Startups - Private Equity Wire

3 weeks from now

Jan 11, 2023 · CalPERS has made a $1 billion commitment aimed at identifying and supporting the next generation of investor entrepreneurs in the private markets sector. ... CalPERS …

privateequitywire.co.uk

$1
OFF

CalPERS Pledges $1 Billion To Fund ‘New Generation’ Of Talent

3 weeks from now

Jan 10, 2023 · Allocations to private equity — which CalPERS highlighted as the highest performing asset class in its portfolio — were increased from 8 to 13 percent for the 2022 …

institutionalinvestor.com

$1
OFF

CalPERS Pledges $1B To Fund Private Market Startups

3 weeks from now

California Public Employees’ Retirement System (CalPERS) has pledged $1bn to invest in the “next generation of investor entrepreneurs” in private markets strategies. The $449bn pension …

connectmoney.com

$1
OFF

Why Calpers Is Betting $1B On Upstart Private Equity Firms

3 weeks from now

Jan 10, 2023 · Calpers Chief Investment Officer Nicole Musicco discusses the pension fund's investments with TPG Inc. and GCM Grosvenor aimed at launching funds to back up-and-coming private equity firms.

bloomberg.com

33%
OFF

CalPERS Will Increase Private Markets Investments

3 weeks from now

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 …

ca.gov

$1
OFF

CalPERS' $1bn Bet Shows It's Serious About Revamping Its PE …

3 weeks from now

Jan 12, 2023 · The move comes at a time when CalPERS is aiming to revamp its private equity programme – which was worth almost $49 billion at the end of September – having admitted it …

privateequityinternational.com

$30
OFF

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

3 weeks from now

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 …

ft.com

$7
OFF

CalPERS Pledges More Than $7 Billion To Alts - Pensions

3 weeks from now

Mar 18, 2024 · CalPERS staff reported committing a total of $7.55 billion to private markets investment funds in the third quarter. The largest commitment made by the $492.8 billion …

pionline.com

$1
OFF

CalPERS Rains $1bn On Emerging Managers - Venture Capital Journal

3 weeks from now

Jan 10, 2023 · Across both its Venture Capital team and its Growth Equity team, CalPERS has made 18 commitments totaling $2.3 billion to 10 different VC and growth managers, based on …

venturecapitaljournal.com

FAQs about CalPERS Commits $1 Billion to Fund Investor Entrepreneurship and ... Coupon?

How will CalPERS support the next generation of investor entrepreneurs?

SACRAMENTO, Calif. – CalPERS today announced a $1 billion commitment aimed at identifying and supporting the next generation of investor entrepreneurs in the private markets. CalPERS will partner with two of its long-standing asset managers, TPG and GCM Grosvenor, with each firm receiving a $500 million allocation from the pension fund. ...

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 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%. ...

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. ...

Who is CalPERS partnering with?

CalPERS will partner with two of its long-standing asset managers, TPG and GCM Grosvenor, with each firm receiving a $500 million allocation from the pension fund. CalPERS has been investing in newly established teams and partnerships in the investment industry for more than 30 years. ...

Why did the CalPERS board increase its allocation to private investments?

The CalPERS Board recently increased its allocation to private investments as an important component of achieving the returns needed to fulfill the retirement promises made to more than 2 million members. ...