CalPERS Deploys $2.95B Across Real Estate and Infrastructure, Anchored by $2B Top-Up to GIP Redwood Platform

The California Public Employees' Retirement System has approved nearly $3 billion in new real assets commitments, concentrating the bulk of its firepower on a single infrastructure co-investment platform managed by BlackRock-owned Global Infrastructure Partners while spreading $800 million across opportunistic real estate strategies. The Sacramento-based pension fund, the largest in the United States, approved real […]