CalPERS Commits $6.1B to Alts

The California Public Employees’ Retirement System disclosed 25 allocations totaling $6.1 billion to alternatives, according to materials from the June 10th Board meeting. 

In venture capital, $175 million was allocated to B Capital Ascent Fund III, $35 million to B Capital Ascent SSEA Fund I, $70 million to Set Builders II, $20 million to Springblue B-III, $75 million to B Capital Global Growth III, $240 million to B Capital Opportunities Fund II, $50 million to GreatPoint Ventures Innovation Fund IV, and $50 million to GreatPoint Opportunity Fund I.

In private equity, $300 million was committed to Hornet Co-Invest, $300 million to GSC I, $300 million to Parker Co-Invest, $250 million to MBK Partners Fund VI, $250 million to Namu Co-invest, $200 million to Three Pillars Flex Opportunities Fund, $200 million to Three Pillars Secondaries Fund, $100 million to  The Rise Fund III, $10 million to Cerberus CAL Strategic Partners, $200 million to Cerberus Supply Chain Fund, $150 million to GC XI Alpha Co-Invest, $200 million to  Koala Pacific Partnership, and $200 million to TPG Growth VI.   

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 Golden Maple Infrastructure Partners. 

Lastly, in private credit $650 million was allocated to Ares Senior Credit Investment Partnership. 

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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