FINalternatives: Hedge Fund & Private Equity News

Service Providers

Seeking Alpha Certified

CalPERS Ramps Up Private Equity Portfolio

The California Public Employees Retirement System recently expanded its roster of private equity managers with five new mandates for its $257 billion fund.

The pension fund in August dished out a total of $1.1 billion to U.S. and European buyouts shops.

According to minutes posted on CalPERS’ Web site, the system committed $50 million to KH Growth Equity Fund, €150 million to Lion Capital Fund II, $200 million to Advent Latin America Private Equity Fund IV, $150 million to Ares Distressed Securities Fund and €400 million to ESP Golden Bear Europe Fund.


< Previous Article Print This   Send This   Reprints   Next Article >