CalPERS takes big stake in Blackstone Capital Partners VIII

Calpers, pension fund, private equity, co-investment, Margaret Brown, Ben Meng
Reuters/Max Whittaker
California Public Employees’ Retirement System committed $750 million to Blackstone Capital Partners VIII, which has raised more than $22 billion to date. The $365 billion pension made the commitment under delegated authority in March, a month that saw the pension ...

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