CalPERS opens bids for younger GPs as part of $11 bln plan


A mother with her children at the seaside at sunset. Photo courtesy ©iStock/Ruslanshug
  • $288 bln pension system seeks new GPs
  • LP deploys $7 bln program
  • CalPERS commits $4 bln to emerging managers
California Public Employees’ Retirement System reiterated plans to target as much as $11 billion to emerging and transition managers by 2020 to tap younger shops with strong potential. CalPERS planned to open in July a formal solicitation for investment proposals, with an ...

Fundraising? Don’t miss our 29th annual PartnerConnect East conference in Boston on March 21-23. This event is packed with more than 200 LPs and 300 fund managers. Click HERE

This content is available for Buyouts subscribers only. Request a free trial to get access for a limited period

If you already have an active Buyouts subscription, please sign in to view this article.