CalPERS, CalSTRS Big Investors in New Private Equity and Real Estate Fund

By Jon Peterson California’s two largest public pension systems have committed $900 million to the latest commingled investment fund of Menlo Park-based GI Partners. Their collective investment accounts for nearly half of the $1.9 billion GI raised for the fund, which closed earlier this month. CalPERS put in $500 million; CalSTRS agreed to invest $400 […]