California Public Employees' Retirement System

Limited partner· Sacramento, CALatest report

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.

As of · the plan's latest report; every row carries the LP's own as-of date

What matters now

  1. 59 managers
    resolved on DFX

    Discloses 466 rows; 143 rows resolve to 59 managers on DFX, $36.4B committed on resolved rows, as of 31 Dec 2025.

    The managers a plan already backs are the ones it re-ups with.

    Measuredthe plan's report matched to DFX funds and managersFor Fund managers, placement agentsResolved rows →
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
144
LP to fund or manager

604 additional disclosed commitments

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Showing 1 to 300 of 466 disclosed rows, newest and largest first.Venture Capital Intelligence opens the rest of this plan's disclosed commitments, fund by fund.

Resolved to this graph

82 rows
Fund as the LP prints itManager (basis)VintageCommittedPaid inDistributedRemainingNet IRRMultipleAs of
Innovation Opportunities, L.P.Andreessen Horowitz(exact name)2023$2.0B$1.5B$0$2.9B74.2%2.00xDec 31, 2025 calpers.ca.gov
Bear Coast (Ventures) Fund, LPGeneral Catalyst(exact name)2023$1.9B$2.0B$0$2.6B43.2%1.30xDec 31, 2025 calpers.ca.gov
JSC Capital Partners, L.P.Thrive Capital(exact name)2024$1.7B$1.7B$0$3.0BDec 31, 2025 calpers.ca.gov

Venture commitments, every source

150 commitments to venture funds and managers, the pension tape and the allocator graph counted once
FundAmountDateSource
Innovation Opportunities, L.P.$2.0B
committed
reported as of Dec 31, 2025Fact Pension disclosure
Bear Coast (ventures) Fund, LP$1.9B
committed
reported as of Dec 31, 2025Fact Pension disclosure
JSC Capital Partners, L.P.$1.7B
committed
reported as of Dec 31, 2025Fact Pension disclosure

Venture-looking, not yet resolved

3 rows, each an open research task
Fund as the LP prints itManager (basis)VintageCommittedPaid inDistributedRemainingNet IRRMultipleAs of
Crosspoint Capital Ventures Fund I, LPunresolved2025$500M$15.5M$0$3.1MDec 31, 2025 calpers.ca.gov
California Emerging Ventures IV, LLCunresolved2006$463M$489M$874M$35.4M11.7%1.90xDec 31, 2025 calpers.ca.gov
Forbion Ventures Fund VII Co?peratief U.A.unresolved2024$276M$49.2M$183,920$47.6MDec 31, 2025 calpers.ca.gov

The rest of the book

215 rows: buyout, credit, secondaries, co-investment vehicles
Show 3 rows
Fund as the LP prints itManager (basis)VintageCommittedPaid inDistributedRemainingNet IRRMultipleAs of
BC CLP INVESTORS, L.P.unresolved2023$2.0B$1.2B$127M$1.3B15.6%1.20xDec 31, 2025 calpers.ca.gov
Hornet Co-Invest, L.P.unresolved2024$2.0B$1.2B$0$1.5BDec 31, 2025 calpers.ca.gov
Lincoln Plaza Fund, L.P.unresolved2024$2.0B$1.6B$9.1M$1.7BDec 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).

Relationships across DFX

on 1 other DFX graph
Across the graphs

California Public Employees' Retirement System is the same institution as 1 record in Allocators.

Allocators1

The joined record opens with the product, beside every other relationship on this page.

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