AlpInvest, Hamilton Lane, HarbourVest, Neuberger Berman also bid
CalPERS hopes to commit $7 bln to $10 bln in PE per year
Structure of partnership remains unclear
California Public Employees’ Retirement System received six bids in its solicitation of outside partners to help manage its private equity program. In addition to BlackRock, which was widely reported to be among the contenders, AlpInvest Partners, Goldman Sachs, Hamilton Lane, ...