CalPERS Dumps Large PE Interest Portfolio
Posted on 07/07/2022
The California Public Employees’ Retirement System (CalPERS) sold approximately US$ 6 billion of interests in private equity funds over a recent period. The freed up capital gives CalPERS the ability to allocate to more private equity funds. Some buyers of the PE interests include CVC Capital Partners’ Glendower Capital and Lexington Partners. Lexington Partners was…
