CalPERS hopes to have finalists for independent PE platform by early 2018

Calpers, private equity, pension fund, Goldman Sachs, BlackRock, AlpInvest, Hamilton Lane, HarbourVest, Neuberger Berman
  • Staff plans to present two finalists in Q1 2018
  • CalPERS hopes to launch new entity around July 2018
  • BlackRock was reported to be in talks to take over some of CalPERS PE
California Public Employees’ Retirement System is moving forward with plans to bring on an outside firm to manage its $25.9 billion private equity program, internal documents obtained by Buyouts show. CalPERS is searching for a firm to monitor and select its future PE investments, ...

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