US. CalPERS pledges more than $8 billion to alts
CalPERS committed $850 million each to Global Infrastructure Partners V and a co-investment sidecar fund. Pension fund officials committed $512 million to buyout fund CVC Capital Partners IX, $300 million to Asia-Pacific focused buyout fund CVC Capital Partners Asia VI, and $268 million to buyout fund Whitney Global Partners II, all managed by CVC Capital Partners. CalPERS committed an additional $300 million to Thrive Capital Partners VIII Growth, a late- stage venture capital fund. It also committed $300 million each...
