Institution: California Public Employees’ Retirement System
Headquarters: Sacramento, United States
AUM: $421.59 billion
Allocation to alternatives: 19.6%
California Public Employees’ Retirement System has committed $500 million to AlpInvest Secondaries Program VII (ASP VII), according to a document from the pension’s November 2020 board meeting agenda.
As illustrated in the charts below, CalPERS has a strong appetite for diversified secondaries vehicles targeting regions around the world.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.