News & Analysis

Ardian receives commitment from CalPERS

The US public pension has backed a diversified secondaries vehicle.

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Institution: California Public Employees’ Retirement System
Headquarters: Sacramento, United States
AUM: $389.69 billion
Allocation to alternatives: 20.67%

California Public Employees’ Retirement System committed $300 million to Ardian Secondary Fund VIII B, according to its quarterly report for Q1 2020.

The $389.69 billion public pension allocates 20.67 percent of its full investment portfolio to alternative assets.

As illustrated below, CalPERS has historically committed to secondaries funds that span multiple strategies, sectors and regions.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.