CalPERS goes large with $2.7 bln of PE commitments in first half

Calpers, private equity, pension fund, Blackstone, Carlyle Group, TPG, Towerbrook
Calpers headquarters in Sacramento, California, Oct. 21, 2009. REUTERS/Max Whittaker
California Public Employees’ Retirement System pledged $2.7 billion across 10 commitments to eight private equity firms in the first half, putting it on track to meet a $6 billion goal for the year, according to Meketa, the retirement system’s PE ...

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