CalPERS Introduces Private Equity Allocation
CalPERS, the California pension system, is adding private equity to one of its seven pools of capital designed for select retirees for the first time, according to Buyouts Insider. This change follows a long-time reliance on returns from public equities and fixed income, as reported in the article dated March 19, 2026.
Details of the Allocation
The allocation involves introducing private equity into a specific pool, which is part of the system for smaller judges’ pensions, according to Buyouts Insider. This marks the first instance of such an addition to these capital pools, which are designated for select retirees.
Historical Context
Historically, CalPERS has depended on returns from public equities and fixed income for these pools, but it is now incorporating private equity, as noted in the Buyouts Insider article. The pools serve select retirees, including those in smaller judges’ pensions.
Source Overview
The article, written by Brett Johnson and published by Buyouts Insider, highlights this shift in allocation strategy for CalPERS.
