DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Limited partners / California Public Employees' Retirement System
California Public Employees' Retirement System
Sacramento, CA · latest report calpers.ca.gov
Disclosed
466
rows in the latest reports
Resolved
143
to a fund or manager here
Venture-looking
34
by the fund's name
Managers backed
59
distinct, resolved
Committed
$36B
resolved rows only
Latest report
Dec 31, 2025
as of
Dated commitments
0
new commitments with a closing date
Commitment edges
145
LP to fund or manager
Every figure is the LP’s own: its cash flows, its valuation policy, its vintage definition, as of its reporting date. Nothing here is the fund’s number. Where the plan prints a multiple it is the plan’s; where it prints none the column is blank.
Resolved to this graph
143 rows
Venture-looking, not yet resolved
6 rows, each an open research task
| Fund as the LP prints it | Manager (basis) | Vintage | Committed | Paid in | Distributed | Remaining | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|---|
| Crosspoint Capital Ventures Fund I, LP | unresolved | 2025 | $500M | $15.5M | $0 | $3.1M | Dec 31, 2025 calpers.ca.gov | ||
| California Emerging Ventures IV, LLC | unresolved | 2006 | $463M | $489M | $874M | $35.4M | 11.7% | 1.90x | Dec 31, 2025 calpers.ca.gov |
| Forbion Ventures Fund VII Co?peratief U.A. | unresolved | 2024 | $276M | $49.2M | $183,920 | $47.6M | Dec 31, 2025 calpers.ca.gov | ||
| California Community Venture Fund, LLC | unresolved | 2003 | $100M | $100M | $88.5M | $2.4M | -1.6% | 0.90x | Dec 31, 2025 calpers.ca.gov |
| Vicente Capital Partners Growth Equity Fund, L.P. | unresolved | 2007 | $40.4M | $40.8M | $56.6M | $386,856 | 5.7% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| AACP India Venture Investors A | unresolved | 2007 | $5.0M | $5.2M | $5.9M | $0 | 1.9% | 1.10x | Dec 31, 2025 calpers.ca.gov |
The rest of the book
317 rows: buyout, credit, secondaries, co-investment vehicles
Show 317 rows
| Fund as the LP prints it | Manager (basis) | Vintage | Committed | Paid in | Distributed | Remaining | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|---|
| BC CLP INVESTORS, L.P. | unresolved | 2023 | $2.0B | $1.2B | $127M | $1.3B | 15.6% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Hornet Co-Invest, L.P. | unresolved | 2024 | $2.0B | $1.2B | $0 | $1.5B | Dec 31, 2025 calpers.ca.gov | ||
| Lincoln Plaza Fund, L.P. | unresolved | 2024 | $2.0B | $1.6B | $9.1M | $1.7B | Dec 31, 2025 calpers.ca.gov | ||
| Three Pillars Secondaries Fund, LP | unresolved | 2024 | $2.0B | $804M | $92.4M | $1.0B | Dec 31, 2025 calpers.ca.gov | ||
| Phoenix Bear Partners, L.P. | unresolved | 2023 | $2.0B | $1.6B | $61.7M | $2.1B | 19.7% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| CA Co-Investment Limited Partnership | unresolved | 2022 | $1.9B | $1.1B | $1.5M | $1.6B | 21.6% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Nordic Bear SCSp | unresolved | 2021 | $1.8B | $1.6B | $153M | $2.1B | 12.9% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Blackwell Capital Partners, LP | unresolved | 2023 | $1.8B | $1.4B | $13.5M | $1.8B | 24.3% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| LongRange Capital Fund I, L.P. | unresolved | 2020 | $1.5B | $979M | $322M | $1.0B | 14.0% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| LS Investments C, L.P. | unresolved | 2024 | $1.5B | $808M | $0 | $2.0B | Dec 31, 2025 calpers.ca.gov | ||
| TCC Opportunities, L.P. | unresolved | 2021 | $1.5B | $830M | $62.2M | $1.2B | 23.0% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Greenleaf Co-Invest Partners, L.P. | unresolved | 2021 | $1.4B | $783M | $353M | $992M | 20.6% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| Moreton Bay SPV, LP | unresolved | 2023 | $1.4B | $1.2B | $26.3M | $1.4B | 7.8% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| CV Consortio Fund L.P. | unresolved | 2023 | $1.3B | $881M | $1.1M | $3.0B | 96.5% | 3.40x | Dec 31, 2025 calpers.ca.gov |
| CA1 SPV, L.P. | unresolved | 2023 | $1.2B | $964M | $76.2M | $1.2B | 19.8% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Red Admiral Fund LP | unresolved | 2023 | $1.2B | $895M | $92.1M | $1.4B | 43.0% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| General Atlantic Managed Account | unresolved | 2020 | $1.1B | $969M | $123M | $1.1B | 8.6% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Grandval II, L.P. | unresolved | 2019 | $1.1B | $950M | $159M | $1.4B | 14.4% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| GSC I, L.P. | unresolved | 2024 | $1.0B | $399M | $0 | $453M | Dec 31, 2025 calpers.ca.gov | ||
| Blackstone Core Equity Partners II, L.P. | unresolved | 2021 | $1.0B | $452M | $83.8M | $633M | 16.3% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| Cedar Street Partners LP | unresolved | 2021 | $1.0B | $486M | $39.8M | $887M | 34.9% | 1.90x | Dec 31, 2025 calpers.ca.gov |
| Oaktree Latigo Investment Fund, L.P. | unresolved | 2020 | $1.0B | $480M | $367M | $318M | 10.4% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| OHA Black Bear Fund, L.P. | unresolved | 2020 | $1.0B | $260M | $193M | $218M | 11.7% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| Phoenix Bear Partners II, L.P. | unresolved | 2025 | $1.0B | $148M | $0 | $259M | Dec 31, 2025 calpers.ca.gov | ||
| Project Quail Opportunities, L.P. | unresolved | 2022 | $1.0B | $687M | $16.3M | $889M | 17.1% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Three Pillars Flex Opportunities Fund, LP | unresolved | 2023 | $1.0B | $222M | $12.4M | $402M | 97.2% | 1.90x | Dec 31, 2025 calpers.ca.gov |
| Triangle Investment Opportunities II, L.P. | unresolved | 2024 | $1.0B | $408M | $0 | $772M | Dec 31, 2025 calpers.ca.gov | ||
| Triangle Investment Opportunities, L.P. | unresolved | 2023 | $1.0B | $972M | $71.4M | $2.8B | 65.3% | 3.00x | Dec 31, 2025 calpers.ca.gov |
| CVC Capital Partners Strategic Opportunities Compounding Capital L.P. | unresolved | 2017 | $997M | $1.1B | $645M | $1.5B | 12.0% | 2.00x | Dec 31, 2025 calpers.ca.gov |
| Redwood Opportunities SCSp | unresolved | 2020 | $950M | $809M | $25.1M | $1.3B | 16.5% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| Q-Street Capital, L.P. | unresolved | 2021 | $900M | $376M | $0 | $457M | 7.7% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| California Partners, L.P. | unresolved | 2020 | $850M | $602M | $32.5M | $866M | 14.9% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Forecastle, L.P. | unresolved | 2020 | $850M | $810M | $15.0M | $1.2B | 15.9% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Blackwell Capital Partners II, L.P. | unresolved | 2025 | $835M | $88.8M | $0 | $83.8M | Dec 31, 2025 calpers.ca.gov | ||
| Whitney Global Partners L.P. | unresolved | 2021 | $810M | $758M | $34.2M | $846M | 5.2% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Apollo Special Opportunities Managed Account, L.P. | unresolved | 2007 | $800M | $800M | $1.1B | $0 | 3.8% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Blackstone Tactical Opportunities Fund - C L.P. | unresolved | 2012 | $800M | $995M | $1.3B | $11.3M | 9.3% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Carlyle Partners V, L.P. | unresolved | 2007 | $800M | $1.1B | $1.7B | $16.0M | 12.8% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| Middlefield Road Private Opportunities Fund, L.P. | unresolved | 2021 | $800M | $231M | $14.4M | $291M | 10.4% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| RC CC Fund LP | unresolved | 2024 | $750M | $542M | $18.6M | $751M | Dec 31, 2025 calpers.ca.gov | ||
| Permira VIII-2 SCSp | unresolved | 2023 | $726M | $475M | $10.2M | $592M | 13.3% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Redwood Lane Capital, L.P. | unresolved | 2022 | $700M | $671M | $0 | $944M | 16.6% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Hellman & Friedman Capital Partners X, L.P. | unresolved | 2021 | $688M | $983M | $409M | $784M | 7.1% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| The Veritas Capital Fund VIII, L.P. | unresolved | 2022 | $625M | $529M | $168,666 | $689M | 12.0% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| EQT IX (No.2) USD SCSp | unresolved | 2021 | $614M | $834M | $414M | $705M | 9.1% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| 2SP I, L.P. | unresolved | 2024 | $600M | $294M | $0 | $432M | Dec 31, 2025 calpers.ca.gov | ||
| AMZL, LP | unresolved | 2023 | $600M | $370M | $5.6M | $343M | -4.7% | 0.90x | Dec 31, 2025 calpers.ca.gov |
| Hanover Opportunities LP | unresolved | 2025 | $600M | $90.5M | $0 | $114M | Dec 31, 2025 calpers.ca.gov | ||
| KKR North America Fund XIII SCSp | unresolved | 2022 | $600M | $581M | $12.2M | $738M | 12.9% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Thoma Bravo Fund XIV, L.P. | unresolved | 2021 | $600M | $716M | $231M | $644M | 6.1% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| TPG Partners V, L.P. | unresolved | 2006 | $600M | $811M | $1.0B | $0 | 3.7% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Whitney Global Partners II L.P. | unresolved | 2024 | $573M | $374M | $0 | $438M | Dec 31, 2025 calpers.ca.gov | ||
| Cerberus CP Partners LP | unresolved | 2013 | $570M | $675M | $1.1B | $343M | 16.0% | 2.20x | Dec 31, 2025 calpers.ca.gov |
| CVC Capital Partners VI, L.P. | unresolved | 2014 | $567M | $692M | $1.0B | $334M | 15.4% | 2.00x | Dec 31, 2025 calpers.ca.gov |
| GCM Grosvenor DEM III, L.P. | unresolved | 2019 | $550M | $551M | $301M | $648M | 19.6% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| CVC Capital Partners IX (A) L.P. | unresolved | 2024 | $542M | $151M | $203,281 | $174M | Dec 31, 2025 calpers.ca.gov | ||
| Sacramento Private Equity Partners, L.P. | unresolved | 2006 | $538M | $527M | $1.0B | $32.6M | 11.5% | 2.00x | Dec 31, 2025 calpers.ca.gov |
| Orchard Park, L.P. | unresolved | 2023 | $535M | $447M | $17.1M | $527M | 9.2% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Apollo Investment Fund VI, L.P. | unresolved | 2006 | $520M | $866M | $1.2B | $8.8M | 8.2% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| DS Opportunities (C) LP | unresolved | 2021 | $509M | $285M | $25.5M | $520M | 30.2% | 1.90x | Dec 31, 2025 calpers.ca.gov |
| Capital Link Fund I, LLC | unresolved | 2007 | $502M | $601M | $869M | $35.9M | 7.6% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| 57 Stars Global Opportunities Fund 2 (CalPERS), LLC | unresolved | 2009 | $500M | $531M | $540M | $196M | 5.3% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Blackstone Tactical Opportunities Fund II - C L.P. | unresolved | 2015 | $500M | $499M | $660M | $76.0M | 12.2% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Blackstone Tactical Opportunities Fund III-C (Surge) L.P. | unresolved | 2019 | $500M | $512M | $369M | $472M | 16.1% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| CalPERS Corporate Partners, LLC | unresolved | 2001 | $500M | $534M | $832M | $241 | 9.3% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| Cerberus CAL II Partners, L.P. | unresolved | 2017 | $500M | $424M | $926M | $296M | 22.7% | 2.90x | Dec 31, 2025 calpers.ca.gov |
| Cerberus CAL III Partners, L.P. | unresolved | 2019 | $500M | $509M | $42.9M | $352M | -6.3% | 0.80x | Dec 31, 2025 calpers.ca.gov |
| Clayton, Dubilier & Rice Fund XII, L.P. | unresolved | 2024 | $500M | $213M | $47.9M | $260M | Dec 31, 2025 calpers.ca.gov | ||
| EQT X (No.2) USD SCSp | unresolved | 2022 | $500M | $240M | $12.1M | $253M | 8.0% | 1.10x | Dec 31, 2025 calpers.ca.gov |
| Fourth Street Partners - CPS L.P. | unresolved | 2021 | $500M | $451M | $82.2M | $745M | 17.0% | 1.80x | Dec 31, 2025 calpers.ca.gov |
| GCM Grosvenor Elevate Fund, L.P. | unresolved | 2023 | $500M | $65.6M | $4.2M | $47.2M | -16.9% | 0.80x | Dec 31, 2025 calpers.ca.gov |
| Green Equity Investors IX, L.P. | unresolved | 2023 | $500M | $313M | $17.7M | $359M | 16.0% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Hellman & Friedman Capital Partners VIII, L.P. | unresolved | 2016 | $500M | $520M | $427M | $470M | 10.1% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| Riverstone Global Energy and Power Fund VI, L.P. | unresolved | 2016 | $500M | $650M | $598M | $68.3M | 0.6% | 1.00x | Dec 31, 2025 calpers.ca.gov |
| Sunrise Boulevard PE Partners L.P. | unresolved | 2021 | $500M | $373M | $2.0M | $554M | 13.3% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Top Castle Sidecar VII, L.P. | unresolved | 2020 | $500M | $148M | $55.2M | $198M | 21.9% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| TPG Golden Bear Partners, L.P. | unresolved | 2019 | $500M | $490M | $232M | $619M | 14.0% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| TPG NEXT (A), L.P. | unresolved | 2025 | $500M | $30.2M | $2.3M | $14.9M | Dec 31, 2025 calpers.ca.gov | ||
| Permira VI L.P. 1 | unresolved | 2017 | $499M | $490M | $573M | $398M | 14.4% | 2.00x | Dec 31, 2025 calpers.ca.gov |
| NM Pacific, L.P. | unresolved | 2021 | $477M | $337M | $4.0M | $387M | 5.3% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| CalPERS Clean Energy & Technology Fund, LLC | unresolved | 2007 | $465M | $468M | $132M | $5.6M | -18.4% | 0.30x | Dec 31, 2025 calpers.ca.gov |
| Onex Partners V-B LP | unresolved | 2018 | $456M | $491M | $211M | $542M | 10.4% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Francisco Partners VII, L.P. | unresolved | 2023 | $450M | $210M | $0 | $232M | 14.1% | 1.10x | Dec 31, 2025 calpers.ca.gov |
| Gold Hills Partners, L.P. | unresolved | 2024 | $450M | $312M | $44.9M | $409M | Dec 31, 2025 calpers.ca.gov | ||
| CVC Capital Partners VII (A) L.P. | unresolved | 2018 | $440M | $590M | $751M | $490M | 19.8% | 2.10x | Dec 31, 2025 calpers.ca.gov |
| Capital Link Fund II, LLC | unresolved | 2008 | $436M | $474M | $788M | $7.8M | 11.8% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| Hellman & Friedman Capital Partners IX, L.P. | unresolved | 2020 | $433M | $717M | $470M | $721M | 12.4% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| Permira VII L.P.1 | unresolved | 2020 | $410M | $615M | $317M | $518M | 7.7% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Cerberus Institutional Partners V, L.P. | unresolved | 2012 | $400M | $479M | $777M | $123M | 13.3% | 1.90x | Dec 31, 2025 calpers.ca.gov |
| First Reserve Fund XIII, LP | unresolved | 2014 | $400M | $481M | $301M | $124M | -2.9% | 0.90x | Dec 31, 2025 calpers.ca.gov |
| Green Equity Investors V, L.P. | unresolved | 2007 | $400M | $446M | $1.0B | $634,114 | 18.4% | 2.30x | Dec 31, 2025 calpers.ca.gov |
| GSO Energy Partners-C LP | unresolved | 2013 | $400M | $477M | $406M | $14.4M | -3.0% | 0.90x | Dec 31, 2025 calpers.ca.gov |
| KKR 2006 Fund L.P. | unresolved | 2006 | $400M | $595M | $941M | $0 | 8.2% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| New Mountain Partners III, L.P. | unresolved | 2007 | $400M | $471M | $1.1B | $15.6M | 14.6% | 2.30x | Dec 31, 2025 calpers.ca.gov |
| Riverstone Global Energy and Power Fund V, L.P. | unresolved | 2012 | $400M | $531M | $428M | $11.4M | -4.2% | 0.80x | Dec 31, 2025 calpers.ca.gov |
| The Veritas Capital Fund IX, L.P. | unresolved | 2024 | $400M | $9.0M | $9,055 | $0 | Dec 31, 2025 calpers.ca.gov | ||
| Vista Equity Partners Fund VII-Z, L.P. | unresolved | 2019 | $400M | $412M | $52.3M | $448M | 4.4% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| WCAS XIII, L.P. | unresolved | 2019 | $400M | $405M | $269M | $423M | 15.5% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| WCAS XIV, L.P. | unresolved | 2022 | $400M | $219M | $8.4M | $240M | 7.5% | 1.10x | Dec 31, 2025 calpers.ca.gov |
| BE VI 'H' L.P. | unresolved | 2019 | $393M | $376M | $308M | $394M | 16.4% | 1.90x | Dec 31, 2025 calpers.ca.gov |
| 57 Stars Global Opportunities Fund, LLC | unresolved | 2007 | $391M | $415M | $560M | $10.4M | 5.8% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Bridgepoint Europe IV 'D' LP | unresolved | 2008 | $390M | $392M | $573M | $31.3M | 9.2% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Forbion Growth Opportunities Fund III Co?peratief U.A. | unresolved | 2024 | $389M | $111M | $19.1M | $132M | Dec 31, 2025 calpers.ca.gov | ||
| PAG Asia III LP | unresolved | 2019 | $380M | $387M | $141M | $385M | 8.5% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Blackstone Capital Partners VII, L.P. | unresolved | 2016 | $375M | $540M | $674M | $291M | 15.1% | 1.80x | Dec 31, 2025 calpers.ca.gov |
| AlpInvest Secondaries Fund (onshore) VII, L.P. | unresolved | 2021 | $374M | $370M | $504M | $0 | 15.1% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| TPG Asia V, L.P. | unresolved | 2007 | $360M | $351M | $489M | $13.3M | 6.3% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Clearlake Capital Partners VII, L.P. | unresolved | 2022 | $350M | $251M | $941,316 | $277M | 3.7% | 1.10x | Dec 31, 2025 calpers.ca.gov |
| GranTain Co-Invest L.P. | unresolved | 2021 | $350M | $219M | $19.5M | $236M | 6.4% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| KKR Asian Fund II L.P. | unresolved | 2013 | $350M | $653M | $631M | $46.1M | 1.1% | 1.00x | Dec 31, 2025 calpers.ca.gov |
| Thoma Bravo Fund XVI, L.P. | unresolved | 2025 | $350M | $32.9M | $0 | $32.1M | Dec 31, 2025 calpers.ca.gov | ||
| Welsh, Carson, Anderson & Stowe XII, L.P. | unresolved | 2015 | $350M | $350M | $724M | $168M | 25.1% | 2.50x | Dec 31, 2025 calpers.ca.gov |
| Yucaipa American Alliance Fund II, L.P. | unresolved | 2008 | $349M | $561M | $651M | $309M | 7.5% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| Thoma Bravo Fund XV, L.P. | unresolved | 2022 | $348M | $531M | $265M | $415M | 11.2% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| VIP V S.C.Sp. | unresolved | 2023 | $347M | $123M | $1.9M | $144M | 19.2% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Coastal Pacific Partners, L.P. | unresolved | 2023 | $344M | $259M | $4.3M | $279M | 15.7% | 1.10x | Dec 31, 2025 calpers.ca.gov |
| Gorseway Park PE, L.P. | unresolved | 2024 | $335M | $304M | $8.9M | $353M | Dec 31, 2025 calpers.ca.gov | ||
| Bay State Partners, L.P. | unresolved | 2022 | $332M | $317M | $28.9M | $360M | 16.0% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Trident VIII, L.P. | unresolved | 2020 | $326M | $406M | $265M | $366M | 11.4% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| KKR European Fund III, L.P. | unresolved | 2008 | $311M | $421M | $594M | $0 | 9.5% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Berkshire Fund X, L.P. | unresolved | 2021 | $305M | $434M | $188M | $327M | 9.5% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| VIP IV LP | unresolved | 2020 | $304M | $286M | $25.4M | $392M | 12.0% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Carlyle Partners VI, L.P. | unresolved | 2013 | $301M | $597M | $1.1B | $35.0M | 15.8% | 2.00x | Dec 31, 2025 calpers.ca.gov |
| Arlington Capital Partners VI, L.P. | unresolved | 2023 | $300M | $231M | $10.2M | $301M | 19.0% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| ASF VIII B L.P. | unresolved | 2020 | $300M | $241M | $117M | $219M | 12.0% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Berkshire Fund XI, L.P. | unresolved | 2025 | $300M | $27.7M | $0 | $27.3M | Dec 31, 2025 calpers.ca.gov | ||
| Carlyle Partners VII, L.P. | unresolved | 2018 | $300M | $607M | $583M | $326M | 12.9% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Crosspoint Capital Fund II, LP | unresolved | 2023 | $300M | $193M | $416,541 | $210M | 3.5% | 1.10x | Dec 31, 2025 calpers.ca.gov |
| CVC Capital Partners Asia VI (A) L.P. | unresolved | 2024 | $300M | $93.1M | $9.5M | $90.6M | Dec 31, 2025 calpers.ca.gov | ||
| Hellman & Friedman Capital Partners VII | unresolved | 2011 | $300M | $287M | $947M | $18.2M | 24.5% | 3.40x | Dec 31, 2025 calpers.ca.gov |
| KKR Asian Fund IV SCSp | unresolved | 2021 | $300M | $239M | $71.8M | $280M | 17.0% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| KKR European Fund V (USD) SCSp | unresolved | 2020 | $300M | $297M | $137M | $294M | 10.5% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Muir Woods Partners, L.P. | unresolved | 2023 | $300M | $238M | $6.2M | $365M | 40.1% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| Parker Capital Partners, L.P. | unresolved | 2025 | $300M | $132M | $0 | $127M | Dec 31, 2025 calpers.ca.gov | ||
| Patient Square Equity Partners, LP | unresolved | 2023 | $300M | $290M | $1.8M | $389M | 16.6% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Strategic Partners (A), L.P. | unresolved | 2025 | $300M | $26.0M | $0 | $27.2M | Dec 31, 2025 calpers.ca.gov | ||
| Timber Coast Private Opportunities, L.P. | unresolved | 2023 | $300M | $70.3M | $0 | $89.0M | 11.3% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Wigeavenmore Co-Investment LP | unresolved | 2024 | $296M | $192M | $0 | $260M | Dec 31, 2025 calpers.ca.gov | ||
| Crosspoint Capital ISB Fund I, LP | unresolved | 2025 | $295M | $11.9M | $4.8M | $0 | Dec 31, 2025 calpers.ca.gov | ||
| Triton Fund V, LP | unresolved | 2019 | $283M | $273M | $179M | $310M | 17.7% | 1.80x | Dec 31, 2025 calpers.ca.gov |
| Permira IV L.P.2 | unresolved | 2006 | $282M | $355M | $513M | $47.6M | 8.1% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| New Mountain Partners VI, L.P. | unresolved | 2021 | $281M | $585M | $409M | $379M | 12.1% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| GC Customer Value Fund, L.P. | unresolved | 2023 | $280M | $247M | $14.8M | $280M | 14.5% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| KKR Asian Fund L.P. | unresolved | 2007 | $273M | $356M | $601M | $93,724 | 13.6% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| Permira V, L.P. | unresolved | 2014 | $269M | $277M | $714M | $71.2M | 20.7% | 2.80x | Dec 31, 2025 calpers.ca.gov |
| Blackstone Capital Partners VIII, L.P. | unresolved | 2021 | $263M | $451M | $301M | $276M | 13.8% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Onex Partners IV, L.P. | unresolved | 2014 | $261M | $330M | $363M | $79.5M | 6.1% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| ArcLight Energy Partners Fund IV, L.P. | unresolved | 2007 | $250M | $256M | $388M | $481,680 | 12.6% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| GCM Grosvenor DEM II, L.P. | unresolved | 2014 | $250M | $271M | $275M | $195M | 14.2% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| GSO Energy Partners-C II LP | unresolved | 2016 | $250M | $232M | $296M | $6.9M | 8.2% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Lambtown, L.P. | unresolved | 2025 | $250M | $50.1M | $0 | $57.6M | Dec 31, 2025 calpers.ca.gov | ||
| Namu Co-invest, L.P. | unresolved | 2025 | $250M | $300,000 | $0 | $300,000 | Dec 31, 2025 calpers.ca.gov | ||
| New Mountain Partners VII, L.P. | unresolved | 2024 | $250M | $87.6M | $69,522 | $106M | Dec 31, 2025 calpers.ca.gov | ||
| Towerbrook Structured Opportunities Fund II (Onshore) LP | unresolved | 2019 | $250M | $244M | $167M | $178M | 13.7% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| TPG Asia VIII (A), L.P. | unresolved | 2024 | $250M | $110M | $9.4M | $128M | Dec 31, 2025 calpers.ca.gov | ||
| Carlyle Europe Partners III, L.P. | unresolved | 2007 | $241M | $461M | $742M | $868,989 | 11.1% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| Samson Partners, L.P. | unresolved | 2020 | $239M | $172M | $62.4M | $194M | 8.7% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Towerbrook Structured Opportunities Fund (Onshore), L.P. | unresolved | 2016 | $222M | $310M | $256M | $129M | 6.5% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| GIM LTE Hazel L.P. | unresolved | 2024 | $215M | $204M | $0 | $296M | Dec 31, 2025 calpers.ca.gov | ||
| Francisco Partners VI, L.P. | unresolved | 2021 | $209M | $244M | $91.0M | $269M | 12.6% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| BDC IV D LP | unresolved | 2021 | $204M | $192M | $1.3M | $220M | 6.3% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| BjorkTree AB | unresolved | 2024 | $201M | $175M | $0 | $193M | Dec 31, 2025 calpers.ca.gov | ||
| American Industrial Partners Capital Fund VIII, L.P. | unresolved | 2024 | $200M | $115M | $9.2M | $136M | Dec 31, 2025 calpers.ca.gov | ||
| ArcLight Energy Partners Fund III, L.P. | unresolved | 2006 | $200M | $212M | $315M | $0 | 8.6% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Blackstone Capital Partners IX L.P. | unresolved | 2025 | $200M | $13.5M | $0 | $17.1M | Dec 31, 2025 calpers.ca.gov | ||
| Cerberus Supply Chain Fund, L.P. | unresolved | 2023 | $200M | $72.4M | $767,125 | $170M | 89.3% | 2.40x | Dec 31, 2025 calpers.ca.gov |
| Clearlake Capital Partners VIII, L.P. | unresolved | 2025 | $200M | $14.5M | $0 | $8.9M | Dec 31, 2025 calpers.ca.gov | ||
| Corps of Discovery LP | unresolved | 2025 | $200M | $113M | $0 | $112M | Dec 31, 2025 calpers.ca.gov | ||
| CVC Capital Partners Asia V L.P. | unresolved | 2020 | $200M | $195M | $64.2M | $226M | 13.5% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| CVC European Equity Partners III LP | unresolved | 2001 | $200M | $234M | $607M | $5.5M | 41.0% | 2.60x | Dec 31, 2025 calpers.ca.gov |
| Genstar Capital Partners XI, L.P. | unresolved | 2023 | $200M | $28.1M | $2.3M | $33.3M | 28.3% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Genstar XI Opportunities Fund I, L.P. | unresolved | 2023 | $200M | $112M | $2.3M | $136M | 18.3% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Grain Communications Opportunity Fund IV-A, L.P. | unresolved | 2023 | $200M | $62.0M | $1.2M | $55.5M | -5.7% | 0.90x | Dec 31, 2025 calpers.ca.gov |
| KM Corporate Partners Fund II, LP | unresolved | 2007 | $200M | $195M | $238M | $4.2M | 4.2% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| KOALA PACIFIC PARTNERSHIP, L.P. | unresolved | 2024 | $200M | $150M | $0 | $192M | Dec 31, 2025 calpers.ca.gov | ||
| Oaktree Opportunities Fund VIIIb, L.P. | unresolved | 2011 | $200M | $200M | $337M | $110,327 | 8.2% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| Pantheon Global Secondary Fund VII Feeder (US) LP | unresolved | 2023 | $200M | $111M | $5.0M | $144M | 21.9% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Permira Growth Opportunities I L.P. 1 | unresolved | 2019 | $200M | $208M | $52.7M | $228M | 8.0% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Shoreline, L.P. | unresolved | 2024 | $200M | $117M | $0 | $153M | Dec 31, 2025 calpers.ca.gov | ||
| Tailwind Capital Partners III, L.P. | unresolved | 2018 | $200M | $230M | $120M | $274M | 17.2% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| TPG Partners IV, L.P. | unresolved | 2003 | $200M | $226M | $429M | $448,870 | 15.3% | 1.90x | Dec 31, 2025 calpers.ca.gov |
| Bridgepoint Europe III 'D' LP | unresolved | 2005 | $195M | $192M | $229M | $6.2M | 2.4% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Blackstone Capital Partners VI L.P. | unresolved | 2011 | $188M | $544M | $939M | $33.5M | 12.3% | 1.80x | Dec 31, 2025 calpers.ca.gov |
| Green Equity Investors CF, L.P. | unresolved | 2021 | $187M | $183M | $115M | $132M | 11.3% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Accel-KKR Capital Partners VII, LP | unresolved | 2025 | $180M | $32.9M | $0 | $23.0M | Dec 31, 2025 calpers.ca.gov | ||
| ChrysCapital X, LLC | unresolved | 2025 | $180M | $1.8M | $0 | $80,359 | Dec 31, 2025 calpers.ca.gov | ||
| Carlyle Partners VIII, L.P. | unresolved | 2022 | $177M | $253M | $167M | $142M | 12.8% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Triton Fund 6 SCSp | unresolved | 2025 | $176M | $19.7M | $13.6M | $21.3M | Dec 31, 2025 calpers.ca.gov | ||
| Apollo S3 Equity & Hybrid Solutions Fund, L.P. | unresolved | 2025 | $175M | $61.6M | $0 | $77.8M | Dec 31, 2025 calpers.ca.gov | ||
| Blackstone Tactical Opportunities Fund III-C L.P. | unresolved | 2018 | $175M | $362M | $357M | $124M | 11.4% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Francisco Partners II, L.P. | unresolved | 2006 | $175M | $174M | $288M | $0 | 10.4% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| Carlyle Europe Partners V, S.C.Sp. | unresolved | 2019 | $164M | $289M | $209M | $105M | 3.6% | 1.10x | Dec 31, 2025 calpers.ca.gov |
| Jade Equity Investors, L.P. | unresolved | 2020 | $155M | $161M | $107M | $151M | 18.4% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| Permira Growth Opportunities II SCSP | unresolved | 2022 | $155M | $104M | $6.4M | $108M | 4.2% | 1.10x | Dec 31, 2025 calpers.ca.gov |
| Advent Global Technology II Limited Partnership | unresolved | 2022 | $150M | $103M | $0 | $136M | 11.5% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Amberbrook IX LP | unresolved | 2023 | $150M | $110M | $10.9M | $161M | 41.0% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| Apollo Investment Fund IV, L.P. | unresolved | 1998 | $150M | $154M | $254M | $17,951 | 8.5% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| Arsenal Capital Partners VI LP | unresolved | 2022 | $150M | $99.5M | $5.1M | $87.2M | -4.0% | 0.90x | Dec 31, 2025 calpers.ca.gov |
| Bear Coast Partnerships, L.P. | unresolved | 2025 | $150M | $28.3M | $0 | $31.4M | Dec 31, 2025 calpers.ca.gov | ||
| California Asia Investors, L.P. | unresolved | 2008 | $150M | $150M | $628M | $5.1M | 26.5% | 4.20x | Dec 31, 2025 calpers.ca.gov |
| Carlyle Asia Partners III, L.P. | unresolved | 2008 | $150M | $372M | $585M | $0 | 12.0% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| Carlyle Strategic Partners IV, L.P. | unresolved | 2016 | $150M | $219M | $138M | $116M | 5.3% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Centerbridge Capital Partners III, L.P. | unresolved | 2015 | $150M | $209M | $243M | $76.7M | 12.6% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Clayton, Dubilier & Rice Fund X, L.P. | unresolved | 2018 | $150M | $162M | $254M | $125M | 29.3% | 2.30x | Dec 31, 2025 calpers.ca.gov |
| Clearwater Capital Partners Fund III, L.P. | unresolved | 2006 | $150M | $150M | $157M | $6.4M | 1.3% | 1.10x | Dec 31, 2025 calpers.ca.gov |
| Coalesce Capital Fund I, L.P. | unresolved | 2024 | $150M | $54.7M | $2.1M | $53.9M | Dec 31, 2025 calpers.ca.gov | ||
| Genstar X Opportunities Fund I, L.P. | unresolved | 2021 | $150M | $134M | $8.0M | $174M | 10.3% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| GI Data Infrastructure Fund II LP | unresolved | 2024 | $150M | $59.8M | $1.3M | $64.9M | Dec 31, 2025 calpers.ca.gov | ||
| Insight Partners XII Buyout Annex Fund, L.P. | unresolved | 2021 | $150M | $140M | $0 | $181M | 8.0% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Jade Equity Investors II, L.P. | unresolved | 2024 | $150M | $55.3M | $2.7M | $65.3M | Dec 31, 2025 calpers.ca.gov | ||
| K5 Private Investors, L.P. | unresolved | 2021 | $150M | $119M | $6.0M | $181M | 16.2% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| Patria Brazilian Private Equity Fund V, L.P. | unresolved | 2015 | $150M | $155M | $47.7M | $182M | 7.2% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Sierra Partners, L.P. | unresolved | 2020 | $150M | $82.0M | $21.3M | $50.8M | -5.3% | 0.90x | Dec 31, 2025 calpers.ca.gov |
| Tailwind Capital Partners II, LP | unresolved | 2014 | $150M | $166M | $241M | $1.1M | 9.3% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| TPG STAR, L.P. | unresolved | 2007 | $150M | $172M | $220M | $143,645 | 6.2% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Hg Genesis 10 A L.P. | unresolved | 2023 | $143M | $64.3M | $0 | $80.1M | 18.3% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Lindsay Goldberg IV, L.P. | unresolved | 2015 | $137M | $225M | $392M | $60.7M | 28.8% | 2.00x | Dec 31, 2025 calpers.ca.gov |
| Birch Hill Equity Partners (US) IV, LP | unresolved | 2011 | $137M | $132M | $354M | $4.8M | 15.7% | 2.70x | Dec 31, 2025 calpers.ca.gov |
| BDC III C LP | unresolved | 2017 | $132M | $120M | $348M | $101M | 38.4% | 3.70x | Dec 31, 2025 calpers.ca.gov |
| Permira Europe III | unresolved | 2004 | $127M | $127M | $220M | $64,993 | 26.6% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| Birch Hill Equity Partners (US) III, LP | unresolved | 2005 | $126M | $143M | $271M | $0 | 12.1% | 1.90x | Dec 31, 2025 calpers.ca.gov |
| Butterfly II, LP | unresolved | 2022 | $125M | $114M | $47.4M | $109M | 17.4% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Carlyle Asia Partners V, L.P. | unresolved | 2018 | $125M | $222M | $189M | $110M | 15.2% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| One Rock Capital Partners IV, LP | unresolved | 2025 | $125M | $34.2M | $4.8M | $32.8M | Dec 31, 2025 calpers.ca.gov | ||
| Welsh, Carson, Anderson & Stowe XI, L.P. | unresolved | 2009 | $125M | $125M | $208M | $0 | 11.5% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| EII-C SPV, LP | unresolved | 2024 | $122M | $92.6M | $0 | $106M | Dec 31, 2025 calpers.ca.gov | ||
| Springblue Co-Investment SPV, LP | unresolved | 2023 | $120M | $51.7M | $0 | $88.1M | 56.9% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| Green Equity Investors VIII, L.P. | unresolved | 2020 | $120M | $571M | $651M | $134M | 9.0% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| EQT Healthcare Growth (No.2) SCSp | unresolved | 2025 | $117M | $24.2M | $164,091 | $18.2M | Dec 31, 2025 calpers.ca.gov | ||
| Verdane Edda III (D1) AB | unresolved | 2024 | $114M | $40.1M | $15.6M | $36.2M | Dec 31, 2025 calpers.ca.gov | ||
| Thoma Bravo Europe Fund, L.P. | unresolved | 2025 | $114M | $36.8M | $0 | $45.5M | Dec 31, 2025 calpers.ca.gov | ||
| Pophouse Fund (No. 1) SCS | unresolved | 2024 | $113M | $32.4M | $4.0M | $32.4M | Dec 31, 2025 calpers.ca.gov | ||
| BDC V C LP | unresolved | 2025 | $108M | $18.8M | $0 | $15.4M | Dec 31, 2025 calpers.ca.gov | ||
| Bridgepoint Europe VII D LP | unresolved | 2024 | $101M | $76.0M | $0 | $92.8M | Dec 31, 2025 calpers.ca.gov | ||
| 2024 Golden Bay, L.P. | unresolved | 2025 | $100M | $24.1M | $0 | $25.4M | Dec 31, 2025 calpers.ca.gov | ||
| Bear Technology Fund, L.P. | unresolved | 2021 | $100M | $95.5M | $0 | $91.3M | -1.3% | 1.00x | Dec 31, 2025 calpers.ca.gov |
| Blackstone Communications Partners I L.P. | unresolved | 2000 | $100M | $111M | $136M | $0 | 6.5% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Cap Co-Invest LP | unresolved | 2025 | $100M | $13.0M | $0 | $17.3M | Dec 31, 2025 calpers.ca.gov | ||
| Carmel Co-Investment, L.P. | unresolved | 2025 | $100M | $43.5M | $0 | $43.8M | Dec 31, 2025 calpers.ca.gov | ||
| China Privatization Fund (Del), L.P. | unresolved | 2006 | $100M | $69.3M | $133M | $0 | 13.7% | 1.90x | Dec 31, 2025 calpers.ca.gov |
| Cobalt Investment Fund, L.P. | unresolved | 2024 | $100M | $278,860 | $0 | $278,860 | Dec 31, 2025 calpers.ca.gov | ||
| EMAlternatives Investments, L.P. | unresolved | 2007 | $100M | $118M | $129M | $7.2M | 2.9% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Ember Infrastructure Fund II-B, LP | unresolved | 2024 | $100M | $24.8M | $1.8M | $24.8M | Dec 31, 2025 calpers.ca.gov | ||
| Francisco Partners Agility III, L.P. | unresolved | 2025 | $100M | $19.1M | $0 | $20.0M | Dec 31, 2025 calpers.ca.gov | ||
| Francisco Partners III, L.P. | unresolved | 2011 | $100M | $95.3M | $301M | $27.4M | 22.9% | 3.40x | Dec 31, 2025 calpers.ca.gov |
| GCM Grosvenor DEM, L.P. | unresolved | 2012 | $100M | $117M | $133M | $25.2M | 8.2% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Generation IM Sustainable Private Equity Fund II (A), ILP | unresolved | 2025 | $100M | $14.5M | $35,022 | $15.4M | Dec 31, 2025 calpers.ca.gov | ||
| Genstar Capital Partners X, L.P. | unresolved | 2021 | $100M | $102M | $4.2M | $113M | 5.0% | 1.10x | Dec 31, 2025 calpers.ca.gov |
| Highland Citrus Holdings, L.P. | unresolved | 2025 | $100M | $5.1M | $0 | $5.1M | Dec 31, 2025 calpers.ca.gov | ||
| Insight Partners XIII Growth Buyout Fund, L.P. | unresolved | 2024 | $100M | $24.0M | $25,474 | $26.9M | Dec 31, 2025 calpers.ca.gov | ||
| Jomo Growth Opportunities Fund, L.P. | unresolved | 2025 | $100M | $33.6M | $0 | $33.2M | Dec 31, 2025 calpers.ca.gov | ||
| Magnolia Opportunities LLC | unresolved | 2023 | $100M | $41.5M | $16.1M | $34.9M | 37.0% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| PAG Asia I LP | unresolved | 2012 | $100M | $123M | $214M | $7.6M | 17.2% | 1.80x | Dec 31, 2025 calpers.ca.gov |
| PSG Encore L.P. | unresolved | 2022 | $100M | $98.4M | $22.4M | $86.4M | 5.3% | 1.10x | Dec 31, 2025 calpers.ca.gov |
| PSG V L.P. | unresolved | 2021 | $100M | $108M | $18.2M | $112M | 8.2% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| SAIF Partners III L.P. | unresolved | 2007 | $100M | $126M | $167M | $84.9M | 7.0% | 2.00x | Dec 31, 2025 calpers.ca.gov |
| Siris Partners IV, L.P. | unresolved | 2019 | $100M | $116M | $39.5M | $106M | 6.1% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| TPG Biotechnology Partners III, L.P. | unresolved | 2008 | $100M | $100M | $212M | $5.1M | 11.0% | 2.20x | Dec 31, 2025 calpers.ca.gov |
| TPG GP Solutions (A), L.P. | unresolved | 2024 | $100M | $51.8M | $9.0M | $61.7M | Dec 31, 2025 calpers.ca.gov | ||
| TPG Healthcare Partners, L.P. | unresolved | 2019 | $100M | $99.5M | $27.9M | $110M | 11.0% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Wigmore Street Co-investment No. 1 LP | unresolved | 2016 | $99.9M | $96.4M | $159M | $40.5M | 20.7% | 2.10x | Dec 31, 2025 calpers.ca.gov |
| Wigmore Street VI Co-Investment No. 1 LP | unresolved | 2019 | $99.1M | $97.5M | $99.1M | $103M | 16.7% | 2.10x | Dec 31, 2025 calpers.ca.gov |
| Greenbriar Equity Fund VI, L.P. | unresolved | 2023 | $95.0M | $56.9M | $14,360 | $67.5M | 12.5% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Yucaipa Corporate Initiatives Fund II, L.P. | unresolved | 2008 | $93.5M | $91.4M | $81.7M | $1.1M | -1.3% | 0.90x | Dec 31, 2025 calpers.ca.gov |
| Triton Fund IV L.P. | unresolved | 2013 | $90.8M | $109M | $138M | $49.7M | 11.7% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| New Mountain CAS Continuation Fund, L.P. | unresolved | 2021 | $90.7M | $91.0M | $24.8M | $35.0M | -15.4% | 0.70x | Dec 31, 2025 calpers.ca.gov |
| Bridgepoint Europe IV 'B' L.P. | unresolved | 2015 | $89.9M | $68.0M | $85.9M | $8.2M | 11.7% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| CVC Capital Partners VIII (A) L.P. | unresolved | 2021 | $86.1M | $767M | $707M | $176M | 6.0% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Apollo European Principal Finance Fund, L.P. | unresolved | 2008 | $82.9M | $165M | $201M | $96,884 | 11.9% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Baring Vostok Private Equity Fund IV L.P. / Supplemental | unresolved | 2007 | $77.8M | $91.9M | $99.4M | $772,901 | 1.6% | 1.10x | Dec 31, 2025 calpers.ca.gov |
| Carlyle Asia Growth Partners III, L.P. | unresolved | 2005 | $75.0M | $84.8M | $78.2M | $0 | -1.4% | 0.90x | Dec 31, 2025 calpers.ca.gov |
| Clearlake Capital Partners V, L.P. | unresolved | 2018 | $75.0M | $115M | $161M | $56.7M | 31.0% | 1.90x | Dec 31, 2025 calpers.ca.gov |
| Palladium Equity Partners V, L.P. | unresolved | 2018 | $75.0M | $79.5M | $52.7M | $75.2M | 12.7% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| The Rise Fund (A), L.P. | unresolved | 2018 | $75.0M | $83.9M | $52.6M | $71.5M | 9.5% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| TPG Life Sciences Innovations, L.P. | unresolved | 2024 | $75.0M | $37.4M | $3.9M | $25.2M | Dec 31, 2025 calpers.ca.gov | ||
| GB Palisade Partners, L.P. | unresolved | 2025 | $70.0M | $55.4M | $0 | $55.1M | Dec 31, 2025 calpers.ca.gov | ||
| Set Builders II, LP | unresolved | 2024 | $70.0M | $51.0M | $0 | $92.9M | Dec 31, 2025 calpers.ca.gov | ||
| Green Equity Investors CF II, L.P. | unresolved | 2021 | $60.5M | $60.7M | $0 | $101M | 13.6% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| Cerberus CAL Strategic Partners, L.P. | unresolved | 2025 | $60.0M | $12.8M | $0 | $12.8M | Dec 31, 2025 calpers.ca.gov | ||
| Springblue A-V, L.P. | unresolved | 2024 | $60.0M | $26.3M | $0 | $26.7M | Dec 31, 2025 calpers.ca.gov | ||
| Verdane Idun II (D1) AB | unresolved | 2025 | $58.7M | $2.0M | $0 | $1.2M | Dec 31, 2025 calpers.ca.gov | ||
| Hg Mercury 4 A L.P. | unresolved | 2023 | $57.0M | $25.3M | $8.8M | $27.5M | 44.5% | 1.40x | Dec 31, 2025 calpers.ca.gov |
| Clearlake Capital Partners IV, L.P. | unresolved | 2015 | $56.7M | $89.1M | $148M | $25.7M | 26.6% | 2.00x | Dec 31, 2025 calpers.ca.gov |
| Clearlake Opportunities Partners (P), L.P. | unresolved | 2015 | $56.7M | $84.7M | $64.2M | $50.0M | 8.0% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Wigmore Street BDC IV Co-Investment No.1 LP | unresolved | 2021 | $50.3M | $50.3M | $0 | $58.7M | 6.6% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| AACP China Growth Investors | unresolved | 2007 | $50.0M | $52.1M | $83.5M | $0 | 7.8% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| Arsenal Capital Partners Growth LP | unresolved | 2022 | $50.0M | $22.1M | $928,742 | $12.2M | -20.7% | 0.60x | Dec 31, 2025 calpers.ca.gov |
| Asia Alternatives Capital Partners, LP | unresolved | 2007 | $50.0M | $53.5M | $95.5M | $177,786 | 11.0% | 1.80x | Dec 31, 2025 calpers.ca.gov |
| Cerberus CAL IV Partners, L.P. | unresolved | 2025 | $50.0M | $17.8M | $0 | $17.8M | Dec 31, 2025 calpers.ca.gov | ||
| Clearlake Capital Partners III, LP | unresolved | 2012 | $50.0M | $70.7M | $202M | $1.2M | 40.7% | 2.90x | Dec 31, 2025 calpers.ca.gov |
| Francisco Partners Agility II, L.P. | unresolved | 2020 | $50.0M | $41.8M | $38.6M | $52.2M | 26.7% | 2.20x | Dec 31, 2025 calpers.ca.gov |
| Grandval, L.P. | unresolved | 2018 | $50.0M | $49.8M | $15.0M | $74.9M | 14.0% | 1.80x | Dec 31, 2025 calpers.ca.gov |
| Noosa SPV, LP | unresolved | 2025 | $50.0M | $9.0M | $0 | $8.2M | Dec 31, 2025 calpers.ca.gov | ||
| TA Select Opportunities Fund II-A, L.P. | unresolved | 2021 | $50.0M | $49.2M | $1.1M | $51.6M | 2.8% | 1.10x | Dec 31, 2025 calpers.ca.gov |
| TCP II Co-Invest B, L.P. | unresolved | 2015 | $50.0M | $58.4M | $97.0M | $189,056 | 10.3% | 1.70x | Dec 31, 2025 calpers.ca.gov |
| Asia Alternatives Capital Partners II LP | unresolved | 2008 | $48.9M | $50.5M | $125M | $1.7M | 16.7% | 2.50x | Dec 31, 2025 calpers.ca.gov |
| Lime Rock Partners IV, LP | unresolved | 2006 | $43.0M | $47.9M | $140M | $77,473 | 14.6% | 2.90x | Dec 31, 2025 calpers.ca.gov |
| Carlyle Europe Partners II, L.P. | unresolved | 2003 | $42.2M | $93.2M | $149M | $6,559 | 19.7% | 1.60x | Dec 31, 2025 calpers.ca.gov |
| Forbion BioEconomy Fund I Co?peratief U.A. | unresolved | 2024 | $40.5M | $10.6M | $0 | $9.7M | Dec 31, 2025 calpers.ca.gov | ||
| SL SPV-1, L.P. | unresolved | 2017 | $38.7M | $84.0M | $99.0M | $6.0M | 3.2% | 1.30x | Dec 31, 2025 calpers.ca.gov |
| Blackstone Capital Partners V L.P. | unresolved | 2006 | $38.4M | $795M | $1.2B | $0 | 7.8% | 1.50x | Dec 31, 2025 calpers.ca.gov |
| Pophouse Investment Platform SCA SICAV-RAIF ? Pophouse Co-Investment Fund II | unresolved | 2025 | $38.4M | $21.4M | $0 | $23.5M | Dec 31, 2025 calpers.ca.gov | ||
| CF24XB SCSp | unresolved | 2025 | $36.2M | $35.5M | $0 | $39.5M | Dec 31, 2025 calpers.ca.gov | ||
| Wigmore Street (BDC III) LP | unresolved | 2017 | $32.8M | $30.7M | $87.4M | $17.6M | 34.4% | 3.40x | Dec 31, 2025 calpers.ca.gov |
| GA Continuity II (GT) Fund, L.P. | unresolved | 2025 | $31.6M | $28.6M | $0 | $37.9M | Dec 31, 2025 calpers.ca.gov | ||
| SL SPV-2, L.P. | unresolved | 2019 | $28.4M | $50.5M | $138M | $61.7M | 29.4% | 3.90x | Dec 31, 2025 calpers.ca.gov |
| Bridgepoint Europe III 'C' L.P. | unresolved | 2015 | $28.1M | $16.8M | $19.0M | $1.0M | 4.2% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| CalPERS Wellspring V, L.P. | unresolved | 2011 | $25.0M | $27.4M | $49.9M | $3.0M | 21.1% | 1.90x | Dec 31, 2025 calpers.ca.gov |
| Mayfield Select III, a Delaware Limited Partnership | unresolved | 2025 | $24.0M | $5.5M | $0 | $5.8M | Dec 31, 2025 calpers.ca.gov | ||
| Biogeneration Capital Fund V Cooperatief U.A. | unresolved | 2023 | $22.9M | $6.3M | $0 | $7.7M | 13.9% | 1.20x | Dec 31, 2025 calpers.ca.gov |
| Mayfield XVII, a Delaware Limited Partnership | unresolved | 2024 | $21.0M | $5.7M | $0 | $7.6M | Dec 31, 2025 calpers.ca.gov | ||
| Hedosophia Strategic Partners L.P. | unresolved | 2024 | $14.1M | $12.4M | $0 | $15.7M | Dec 31, 2025 calpers.ca.gov | ||
| AACP AP Investors, L.P. | unresolved | 2007 | $14.1M | $15.0M | $17.0M | $0 | 2.0% | 1.10x | Dec 31, 2025 calpers.ca.gov |
| Grafine Direct Opportunities I LP | unresolved | 2025 | $11.3M | $2.1M | $0 | $1.7M | Dec 31, 2025 calpers.ca.gov | ||
| FSP LR, L.P. | unresolved | 2024 | $10.0M | $311,850 | $0 | $0 | Dec 31, 2025 calpers.ca.gov | ||
| AACP India Investors B | unresolved | 2007 | $5.0M | $5.3M | $21.1M | $0 | 12.8% | 4.00x | Dec 31, 2025 calpers.ca.gov |
| AACP India Investors C | unresolved | 2009 | $5.0M | $5.3M | $4.7M | $0 | -1.6% | 0.90x | Dec 31, 2025 calpers.ca.gov |
Dated commitments
0 with a closing date
This plan discloses a standing book, not dated closings. Dated commitments come from a plan’s monthly transaction report (New York Common publishes one).