Become a member and subscribe Login

Co-investment, diversification drive CalPERS’ PE push

Amanda White

August 24, 2021

Since taking on the job of head of private equity
Continue Reading

A Top1000funds.com subscription unlocks the full article

Join the global institutional investment platform read by the world's largest asset owners, fund managers and consultants.

New here

Create an account

Complimentary to register. We'll verify your details and grant access to the archive, our newsletters and the Asset Owner Directory (enhanced features coming soon).
Register now
Already a member

Sign in

Already activated your account? Sign in to continue reading and access your saved articles, preferences and member-only content.
Asset owners get permanent complimentary access. Learn more about memberships

, , , ,

Asset Owner:California Public Employees Retirement System (CalPERS)

Leave a Comment

More from this fund

CalPERS’ private markets chief: TPA won’t disrupt PE commitment pacing

Darcy Song

August 20, 2026

CalPERS’ public and private equity reset shapes performance

Darcy Song

July 14, 2026

TPA to usher in clearer accountability at CalPERS

Darcy Song

June 16, 2026

CalPERS ties pay to collaboration, total fund results under TPA

Darcy Song

April 14, 2026

Rest Super’s selective approach to PE pays off as program comes of age

Rest Super’s selective approach to PE pays off as program comes of age

A concentrated bet on fewer, better GP relationships is paying off for one of Australia's largest superannuation funds. Built on selective manager and deal selection rather than a broad roster, the A$112 billion ($78 billion) Rest Super delivered private equity returns more than double the peer average last financial year, as the fund proactively courts top-tier PE firms instead of waiting to be approached.

Darcy Song

August 13, 2026

COAERS finds rich pickings in PE secondaries; warns of retail risk

Sarah Rundell

July 27, 2026

Iceland’s LV mulls more EM exposures, PE co-investments after SAA review

Darcy Song

February 26, 2026

Oregon’s private equity future

Amanda White

February 05, 2026

Private equity: Arizona’s ASRS argues the case for secondaries

Sarah Rundell

January 28, 2026

Sort content by

New AA model prioritises liquidity

Singapore’s sovereign wealth fund GIC and PGIM, one of the world’s largest asset managers, have collaborated to develop a world-first asset allocation framework that explicitly models the impact of private assets on total portfolio liquidity, incorporating both the top-down allocation view and the bottom-up cash flow view.

Amanda White

May 20, 2020

Retail investors eye private equity

The efforts to open private markets to retail investors will continue and appear to be progressing. The potential scale of capital is both a blessing and a curse to those who absorb it. The private equity market is already bifurcating, when the retail capital arrives, much of it will likely be deployed into the deep end of the market, with the ultimate result likely being public returns earned privately.

Andrea Auerbach

April 01, 2020

Revolutionising private market reporting

Nearly 10 years ago Lorelei Graye was part of the team at South Carolina that pushed for private market reporting transparency. That experience has motivated her to be a part of the solution in heading up the ADS Initiative to develop global data standards for private capital. We look at the journey to get there.

Amanda White

March 26, 2020

The bright and dark sides of PE

Analysis of institutional investor private equity allocations shows the differences in implementation styles and related costs are a key driver of a wide dispersion in private equity results. Researchers at CEM Benchmarking show that costs matter, a lot, in PE.

Mike Heale and Janjaap Weeda

March 10, 2020

Oregon PE revamp shakes off GFC legacy

Oregon Investment Council has committed to investing $3 billion a year in private equity, with the smooth pacing strategy part a response to the fund’s overweight position to poor performing vintages as a result of its allocations before and after the GFC. The investor is also focusing on manager relationships with a focus on accessing new relationships and upsizing the best existing ones; and a new strategy that sees no provider in charge of more than 5 per cent of the portfolio.

Sarah Rundell

March 02, 2020

ILPA’s Model LPA sets the standard again

The Institutional Limited Partners Association's new Model Limited Partnership Agreement is beneficial for the industry as well as individual GPs and LPs. Samantha Anders explains.

Samantha Anders

December 12, 2019

Previous
Load more

Fiduciary Investors Podcast Series

Listen to Podcast

Subscribe now to

Become a member and subscribe

Join Now

Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.

The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.

Top1000funds.com is read by investment professionals in more than 40 countries.

Privacy Policy | Terms of Service | Cookie Policy | AI Editorial Policy