CalPERS Commits $500 million to CPERS

The California Public Employees’ Retirement System (CalPERS) has approved five new fund commitments: $500 million to First Reserve Fund XI, Cdn$150 million to Richardson Capital Private Equity 2; Cdn$110 million to Tricor Pacific Capital Partners IV; 19 billion yen to Carlyle Japan Partners II and $50 million to Acon-Bastion Partners II.