DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

State retirement system

California Public Employees' Retirement System

State retirement systemSacramento, CAcalpers.ca.gov
Assets
$553B
Total assets, Jun 30, 2024 derived
Funded
n/a
not filed
Private markets target
33.5%
policy Jun 30, 2024
Commitments
466
130 managers on Schedule C
Divisions and programs: Calpers Judges' Retirement Fund II, Calpers Judges' Retirement Fund I
Allocation policy
ACFR, as of Jun 30, 2024
Asset class (as printed)BucketTargetRangeActualGapBasis
IncomeFixed income29.1%29.6%+0.5reported calpers.ca.gov
Private DebtPrivate credit3.5%2.8%-0.7reported calpers.ca.gov
Private EquityPrivate equity15.0%15.6%+0.6reported calpers.ca.gov
Public EquityPublic equity40.4%41.9%+1.5reported calpers.ca.gov
Real AssetsReal assets15.0%13.2%-1.8reported calpers.ca.gov
Policy periods on the tape: Jun 30, 2024 (ACFR), Jun 30, 2023 (ACFR). Target changes between periods are on the what changed list.
Consultants and advisers
No adviser relationship is on the tape for this allocator. Public systems name theirs in the ACFR; plans list them on Schedule C.
People
1 roles
Manager roster
74 managers on the commitment tape
From the plan’s own commitment disclosures
Commitments
466 rows, 0 dated closings
Disclosed holdings (from the plan’s performance or holdings report, as of the report date)
DateFundManagerBucketAmountVintageStatusSource
as of Dec 31, 2025Hornet Co-Invest, L.P.co investmentunresolvedPrivate equity$2.0B2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Lincoln Plaza Fund, L.P.unresolvedPrivate equity$2.0B2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025BC CLP INVESTORS, L.P.unresolvedPrivate equity$2.0B2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Three Pillars Secondaries Fund, LPsecondaryPantheonPrivate equity$2.0B2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Innovation Opportunities, L.P.Andreessen HorowitzPrivate equity$2.0B2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Phoenix Bear Partners, L.P.TPG Capital Advisors, LLCPrivate equity$2.0B2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025CA Co-Investment Limited Partnershipco investmentunresolvedPrivate equity$1.9B2022Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Bear Coast (Ventures) Fund, LPGeneral CatalystVenture$1.9B2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Nordic Bear SCSpEQT Fund Management S.A.R.LPrivate equity$1.8B2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Blackwell Capital Partners, LPPatient Square Capital, LPPrivate equity$1.8B2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025JSC Capital Partners, L.P.Thrive CapitalPrivate equity$1.7B2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025LS Investments C, L.P.Lightspeed Venture PartnersPrivate equity$1.5B2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025LongRange Capital Fund I, L.P.Longrange Capital, L.P.Private equity$1.5B2020Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025TCC Opportunities, L.P.Towerbrook Capital PartnersPrivate equity$1.5B2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Rubicon Partners SCSpCapvest Partners LLPPrivate equity$1.4B2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Greenleaf Co-Invest Partners, L.P.co investmentThe Carlyle GroupPrivate equity$1.4B2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Moreton Bay SPV, LPCrosspoint Capital Partners, LPPrivate equity$1.4B2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025CV Consortio Fund L.P.Valor Equity PartnersPrivate equity$1.3B2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Red Admiral Fund LPButterfly Equity LPPrivate equity$1.2B2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025CA1 SPV, L.P.HgPrivate equity$1.2B2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Grandval II, L.P.Insight Venture PartnersPrivate equity$1.1B2019Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025General Atlantic Managed AccountGeneral Atlantic Service Co LPPrivate equity$1.1B2020Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025GSC I, L.P.Grain Management, LLCPrivate equity$1.0B2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Triangle Investment Opportunities, L.P.Prysm Capital, L.P.Private equity$1.0B2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Triangle Investment Opportunities II, L.P.unresolvedPrivate equity$1.0B2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Project Quail Opportunities, L.P.Thoma BravoPrivate equity$1.0B2022Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Phoenix Bear Partners II, L.P.unresolvedPrivate equity$1.0B2025Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Cedar Street Partners LPStone Point Capital LLCPrivate equity$1.0B2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Three Pillars Flex Opportunities Fund, LPPantheonPrivate equity$1.0B2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Oaktree Latigo Investment Fund, L.P.unresolvedPrivate equity$1.0B2020Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Blackstone Core Equity Partners II, L.P.Blackstone Management Partners L.L.C.Private equity$1.0B2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025OHA Black Bear Fund, L.P.unresolvedPrivate equity$1.0B2020Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025CVC Capital Partners Strategic Opportunities Compounding Capital L.P.CVC Advisers Jersey LimitedPrivate equity$997M2017Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Redwood Opportunities SCSpPermira Investment Advisers LimitedPrivate equity$950M2020Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Q-Street Capital, L.P.Francisco PartnersPrivate equity$900M2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Forecastle, L.P.unresolvedPrivate equity$850M2020Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025California Partners, L.P.Leonard Green & Partners, L.P.Private equity$850M2020Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Blackwell Capital Partners II, L.P.unresolvedPrivate equity$835M2025Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Whitney Global Partners L.P.CVC Advisers Jersey LimitedPrivate equity$810M2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Blackstone Tactical Opportunities Fund - C L.P.unresolvedPrivate equity$800M2012Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Carlyle Partners V, L.P.The Carlyle GroupPrivate equity$800M2007Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Apollo Special Opportunities Managed Account, L.P.Apollo Management, L.P.Private equity$800M2007Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Middlefield Road Private Opportunities Fund, L.P.unresolvedPrivate equity$800M2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025RC CC Fund LPunresolvedPrivate equity$750M2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Permira VIII-2 SCSpunresolvedPrivate equity$726M2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Silver Lake Partners VI, L.P.Silver Lake Technology Management, LLCPrivate equity$712M2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Calah Opportunities, L.P.unresolvedPrivate equity$700M2025Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Redwood Lane Capital, L.P.Veritas Capital Fund Management, L.L.C.Private equity$700M2022Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Hellman & Friedman Capital Partners X, L.P.Hellman & Friedman LPPrivate equity$688M2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Advent International GPE X Limited PartnershipAdvent International, L.P.Private equity$650M2022Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025The Veritas Capital Fund VIII, L.P.Veritas Capital Fund Management, L.L.C.Private equity$625M2022Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025EQT IX (No.2) USD SCSpEQT Fund Management S.A.R.LPrivate equity$614M2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Insight Partners XII, L.P.Insight Venture PartnersPrivate equity$600M2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025TPG Partners V, L.P.TPG Global Advisors, LLCPrivate equity$600M2006Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025KKR North America Fund XIII SCSpKohlberg, Kravis, Roberts & Co., LPPrivate equity$600M2022Disclosed holdingcalpers.ca.gov
as of Dec 31, 20252SP I, L.P.unresolvedPrivate equity$600M2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Hanover Opportunities LPunresolvedPrivate equity$600M2025Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Thoma Bravo Fund XIV, L.P.Thoma BravoPrivate equity$600M2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025AMZL, LPSR One Capital Management, LPPrivate equity$600M2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Whitney Global Partners II L.P.CVC Advisers Jersey LimitedPrivate equity$573M2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Cerberus CP Partners LPunresolvedPrivate equity$570M2013Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025CVC Capital Partners VI, L.P.unresolvedPrivate equity$567M2014Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025CVC European Equity Partners V (B) L.P.CVC Advisors (U.S.) Inc.Private equity$562M2008Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Advent International GPE IX Limited PartnershipAdvent International, L.P.Private equity$550M2019Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025GCM Grosvenor DEM III, L.P.GCM Customized Fund Investment Group, L.P.Private equity$550M2019Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Apollo Investment Fund IX, L.PApollo Management, L.P.Private equity$550M2019Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025CVC Capital Partners IX (A) L.P.CVC Advisers Jersey LimitedPrivate equity$542M2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Sacramento Private Equity Partners, L.P.unresolvedPrivate equity$538M2006Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Orchard Park, L.P.unresolvedPrivate equity$535M2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Apollo Investment Fund VI, L.P.Apollo Management, L.P.Private equity$520M2006Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025DS Opportunities (C) LPVitruvian Partners LLPPrivate equity$509M2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Capital Link Fund I, LLCunresolvedPrivate equity$502M2007Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Clayton, Dubilier & Rice Fund XII, L.P.Clayton Dubilier & Rice LLCPrivate equity$500M2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Pioneer Pier Investments, L.P.LUX Capital Management, LLCPrivate equity$500M2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Blackstone Tactical Opportunities Fund III-C (Surge) L.P.unresolvedPrivate equity$500M2019Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025TPG NEXT (A), L.P.TPG Solutions AdvisorsPrivate equity$500M2025Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025TPG Golden Bear Partners, L.P.TPG Capital Advisors, LLCPrivate equity$500M2019Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Hellman & Friedman Capital Partners VIII, L.P.Hellman & Friedman LPPrivate equity$500M2016Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Blackstone Tactical Opportunities Fund II - C L.P.unresolvedPrivate equity$500M2015Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Sunrise Boulevard PE Partners L.P.Kohlberg, Kravis, Roberts & Co., LPPrivate equity$500M2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Green Equity Investors IX, L.P.Leonard Green & Partners, L.P.Private equity$500M2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 202557 Stars Global Opportunities Fund 2 (CalPERS), LLC57 Stars LLCPrivate equity$500M2009Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Advent International GPE VI-A, L.P.Advent International, L.P.Private equity$500M2008Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Cerberus CAL II Partners, L.P.unresolvedPrivate equity$500M2017Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Crosspoint Capital Ventures Fund I, LPunresolvedVenture$500M2025Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025GCM Grosvenor Elevate Fund, L.P.GCM Customized Fund Investment Group, L.P.Private equity$500M2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025EQT X (No.2) USD SCSpEQT Fund Management S.A.R.LPrivate equity$500M2022Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Cerberus CAL III Partners, L.P.unresolvedPrivate equity$500M2019Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Top Castle Sidecar VII, L.P.co investmentAlpinvest US Holdings, LLCPrivate equity$500M2020Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Riverstone Global Energy and Power Fund VI, L.P.Riverstone Investment Group LLCInfrastructure$500M2016Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Fourth Street Partners - CPS L.P.unresolvedPrivate equity$500M2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Advent International GPE VIII-B Limited PartnershipAdvent International, L.P.Private equity$500M2016Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Stone Point Fund IX, L.P.Stone Point Capital LLCPrivate equity$500M2022Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025CalPERS Corporate Partners, LLCKmcp Advisors II, LLCPrivate equity$500M2001Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Permira VI L.P. 1Permira Investment Advisers LimitedPrivate equity$499M2017Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Silver Lake Partners III, L.P.Silver Lake Technology Management, LLCPrivate equity$480M2007Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025NM Pacific, L.P.unresolvedPrivate equity$477M2021Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025CalPERS Clean Energy & Technology Fund, LLCCapital Dynamics, Inc.Private equity$465M2007Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025California Emerging Ventures IV, LLCGrovestreetVenture$463M2006Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Onex Partners V-B LPOnex Partners Manager LPPrivate equity$456M2018Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025ForCal I Investment Fund C.V.Forbion Capital PartnersPrivate equity$451M2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Gold Hills Partners, L.P.unresolvedPrivate equity$450M2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Francisco Partners VII, L.P.Francisco PartnersPrivate equity$450M2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Healthcare and Fintech, L.P.OAK Hcft Management Company LLCPrivate equity$450M2022Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Advent International GPE VII-C, L.P.Advent International, L.P.Private equity$450M2012Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025CVC Capital Partners VII (A) L.P.CVC Advisers Jersey LimitedPrivate equity$440M2018Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Capital Link Fund II, LLCunresolvedPrivate equity$436M2008Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Hellman & Friedman Capital Partners IX, L.P.Hellman & Friedman LPPrivate equity$433M2020Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Ares Corporate Opportunities Fund V, L.P.Ares Management LLCPrivate equity$425M2017Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Permira VII L.P.1Permira Investment Advisers LimitedPrivate equity$410M2020Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025First Reserve Fund XIII, LPFirst ReservePrivate equity$400M2014Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025The Veritas Capital Fund IX, L.P.Veritas Capital Fund Management, L.L.C.Private equity$400M2024Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Summit Partners Growth Equity Fund XI-A, L.P.Summit Partners, L.P.Venture$400M2022Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Insight Venture Partners Growth-Buyout Coinvestment Fund (B), L.P.co investmentInsight Venture PartnersVenture$400M2015Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Insight Partners XI, L.P.Insight Venture PartnersPrivate equity$400M2020Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Silver Lake Partners V, L.P.Silver Lake Technology Management, LLCPrivate equity$400M2018Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Bear Coast (CV) Fund, LPGeneral CatalystPrivate equity$400M2023Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025WCAS XIV, L.P.Wcas Management CorporationPrivate equity$400M2022Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025New Mountain Partners III, L.P.NEW Mountain Capital, LLCPrivate equity$400M2007Disclosed holdingcalpers.ca.gov
as of Dec 31, 2025Ares Corporate Opportunities Fund III, L.P.Ares Management LLCPrivate equity$400M2008Disclosed holdingcalpers.ca.gov
All 466 rows
Size and funding
39 readings
Total assets
$553B Jun 30, 2024 derived Census ASPP
$468B (2023-06) · $444B (2022-06)
Long-term investments
$531B Jun 30, 2024 reported Census ASPP
$466B (2023-06) · $427B (2022-06)
Participants
2,314,437 Jun 30, 2024 derived Census ASPP
2,233,774 (2023-06) · 2,155,896 (2022-06)
Active members
957,970 Jun 30, 2024 derived Census ASPP
924,062 (2023-06) · 884,943 (2022-06)
Beneficiaries
804,771 Jun 30, 2024 reported Census ASPP
789,016 (2023-06) · 775,285 (2022-06)
Benefits paid
$33B Jun 30, 2024 reported Census ASPP
$31B (2023-06) · $29B (2022-06)
Investment expense
$1.6B Jun 30, 2024 reported Census ASPP
$1.3B (2023-06) · $1.3B (2022-06)
What changed
486 events
  • Sep 16, 2026Re-up prospectreport dateinference
    California Public Employees' Retirement System holds Francisco Partners VII, L.P. ($450M); the manager is raising: Francisco Partners VIII, L.P. (fundraising, seen 2026-09-16); no commitment to it on the graph
    with Francisco Partnersno URL
  • Sep 16, 2026Re-up prospectreport dateinference
    California Public Employees' Retirement System holds Thrive Capital Partners IX, L.P. ($104M); the manager is raising: Thrive Capital Partners X, L.P. (fundraising, seen 2026-09-16); no commitment to it on the graph
    with Thrive Capitalno URL
  • Sep 14, 2026Re-up prospectreport dateinference
    California Public Employees' Retirement System holds Oak HC/FT Partners V, L.P. ($200M); the manager is raising: Oak HC/FT Partners VI, L.P. (fundraising, first ADV report 2026-09-14); no commitment to it on the graph
    with OAK Hcft Management Company LLCno URL
  • Jun 17, 2026Policy updated
    California Public Employees' Retirement System (CalPERS) adopts a policy change: Asset Liability Management - Supplemental Income Plans
    calpers.ca.gov
  • Jun 17, 2026Policy updated
    California Public Employees' Retirement System (CalPERS) adopts a policy change: Total Fund Policy
    calpers.ca.gov
  • Jun 17, 2026Policy updated
    California Public Employees' Retirement System (CalPERS) adopts a policy change: Asset Liability Management - Affiliate Funds
    calpers.ca.gov
  • Jun 17, 2026Policy updated
    California Public Employees' Retirement System (CalPERS) adopts a policy change: Total Fund Policy Review – Second Reading (INVO Item 5a)
    calpers.ca.gov
  • Jun 17, 2026Policy updated
    California Public Employees' Retirement System (CalPERS) adopts a policy change: Asset Liability Management: First Reading — Supplemental Income Plans Recommendation (INVO Item 6b)
    calpers.ca.gov
  • Jun 17, 2026Policy updated
    California Public Employees' Retirement System (CalPERS) adopts a policy change: Asset Liability Management: Second Reading — Affiliate Funds Recommendations (INVO Item 5b)
    calpers.ca.gov
  • Jun 17, 2026Policy updated
    California Public Employees' Retirement System (CalPERS) adopts a policy change: Asset Liability Management - Affiliate Funds
    calpers.ca.gov
  • Jun 17, 2026Policy updated
    California Public Employees' Retirement System (CalPERS) adopts a policy change: Total Fund Policy
    calpers.ca.gov
  • Jun 17, 2026Policy updated
    California Public Employees' Retirement System (CalPERS) adopts a policy change: Asset Liability Management - Supplemental Income Plans
    calpers.ca.gov
  • Jan 23, 2026Re-up prospectinference
    California Public Employees' Retirement System holds Thrive Capital Partners IX Growth, L.P. ($366M); the manager has a newer fund open: Thrive Capital Partners X Growth-A, L.P. (newly closed, Form D first sale 2026-01-23); no commitment to it on the graph
    with Thrive Capitalno URL
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports CA Co-Investment Limited Partnership: $1.9B committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports 2024 Golden Bay, L.P.: $100M committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Greenleaf Co-Invest Partners, L.P.: $1.4B committed (The Carlyle Group) (as of 2025-12-31)
    with The Carlyle Groupcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Lightspeed Venture Partners Select V, L.P.: $100M committed (as of 2025-12-31)
    with Lightspeed Venture Partnerscalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Insight Partners XII Buyout Annex Fund, L.P.: $150M committed (Insight Venture Partners) (as of 2025-12-31)
    with Insight Venture Partnerscalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Green Equity Investors IX, L.P.: $500M committed (Leonard Green & Partners, L.P.) (as of 2025-12-31)
    with Leonard Green & Partners, L.P.calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Set Builders II, LP: $70M committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Grain Communications Opportunity Fund IV-A, L.P.: $200M committed (Grain Management, LLC) (as of 2025-12-31)
    with Grain Management, LLCcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Clearlake Capital Partners VIII, L.P.: $200M committed (Clearlake Capital Group, L.P.) (as of 2025-12-31)
    with Clearlake Capital Group LPcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Tiger Global Private Investment Partners XV, L.P.: $300M committed (as of 2025-12-31)
    with Tiger Globalcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Insight Partners XIII Growth Buyout Fund, L.P.: $100M committed (Insight Venture Partners) (as of 2025-12-31)
    with Insight Venture Partnerscalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports GA Continuity II (GT) Fund, L.P.: $32M committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Permira Growth Opportunities II SCSP: $155M committed (Kroll (luxembourg) Management Company, S.A.R.L) (as of 2025-12-31)
    with Kroll (luxembourg) Management Company, S.A.R.Lcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Springblue A-V, L.P.: $60M committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports OHA Black Bear Fund, L.P.: $1.0B committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Forecastle, L.P.: $850M committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Thoma Bravo Europe Fund, L.P.: $114M committed (as of 2025-12-31)
    with Thoma Bravocalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports ArcLight Energy Partners Fund III, L.P.: $200M committed (Arclight Capital Partners, LLC) (as of 2025-12-31)
    with Arclight Capital Partners, LLCcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Permira VIII-2 SCSp: $726M committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports TCP II Co-Invest B, L.P.: $50M committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Phoenix Bear Partners, L.P.: $2.0B committed (TPG Capital Advisors, LLC) (as of 2025-12-31)
    with TPG Capital Advisors, LLCcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports CVC Capital Partners VIII (A) L.P.: $86M committed (CVC Advisers Jersey Limited) (as of 2025-12-31)
    with CVC Advisers Jersey Limitedcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Essential Innovation Partners (Opportunities) LP: $100M committed (Bridgescale, LLC) (as of 2025-12-31)
    with Bridgescale, LLCcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports TCC Opportunities, L.P.: $1.5B committed (Towerbrook Capital Partners) (as of 2025-12-31)
    with Towerbrook Capital Partnerscalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports TCV X, L.P.: $157M committed (as of 2025-12-31)
    with Tcvcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Thrive Capital Partners VIII Growth, L.P.: $300M committed (as of 2025-12-31)
    with Thrive Capitalcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Hornet Co-Invest, L.P.: $2.0B committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Towerbrook Investors VI (Onshore), L.P.: $100M committed (Towerbrook Capital Partners) (as of 2025-12-31)
    with Towerbrook Capital Partnerscalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports ArcLight Energy Partners Fund IV, L.P.: $250M committed (Arclight Capital Partners, LLC) (as of 2025-12-31)
    with Arclight Capital Partners, LLCcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Blackstone Tactical Opportunities Fund III-C L.P.: $175M committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Francisco Partners III, L.P.: $100M committed (as of 2025-12-31)
    with Francisco Partnerscalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports One Rock Capital Partners IV, LP: $125M committed (as of 2025-12-31)
    with ONE Rock Capitalcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports VIP V S.C.Sp.: $347M committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Ares Corporate Opportunities Fund VI, L.P.: $250M committed (Ares Management LLC) (as of 2025-12-31)
    with Ares Management LLCcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Blackstone Tactical Opportunities Fund II - C L.P.: $500M committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports K5 Private Investors, L.P.: $150M committed (K1 Investment Management LLC) (as of 2025-12-31)
    with K1 Investment Management LLCcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports First Reserve Fund XIII, LP: $400M committed (as of 2025-12-31)
    with First Reservecalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports LongRange Capital Fund I, L.P.: $1.5B committed (Longrange Capital, L.P.) (as of 2025-12-31)
    with Longrange Capital, L.P.calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Gorseway Park PE, L.P.: $335M committed (Apollo Capital Management, L.P.) (as of 2025-12-31)
    with Apollo Capital Management L.P.calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Windy Oaks Opportunities, L.P.: $100M committed (GGP Management, L.P.) (as of 2025-12-31)
    with GGP Management, L.P.calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Otro Capital Fund I-A, LP: $100M committed (as of 2025-12-31)
    with Otro Capitalcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports B Capital Global Growth III, L.P.: $68M committed (B Capital Group) (as of 2025-12-31)
    with B Capital Groupcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Forbion Ventures Fund VII Co?peratief U.A.: $276M committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Patria Brazilian Private Equity Fund V, L.P.: $150M committed (Patria Finance Limited) (as of 2025-12-31)
    with Patria Finance Limitedcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports TPG Golden Bear Partners, L.P.: $500M committed (TPG Capital Advisors, LLC) (as of 2025-12-31)
    with TPG Capital Advisors, LLCcalpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Blackwell Capital Partners II, L.P.: $835M committed (as of 2025-12-31)
    calpers.ca.gov
  • Dec 31, 2025Commitment disclosedreport date
    California Public Employees' Retirement System reports Apollo Investment Fund VI, L.P.: $520M committed (Apollo Management, L.P.) (as of 2025-12-31)
    with Apollo Management, L.P.calpers.ca.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: Census PID6 226909
Cross-graph: private equity LP tape (cited), venture LP tape (cited)
First observed Sep 15, 2026, last observed Sep 16, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.