CalPERS committed $437 million to Bridgepoint Europe V, shows a list of investments that were part of the Nov. 17 investment committee meeting materials.
Bridgepoint specializes in European private equity investments.
The $296 billion California Public Employees' Retirement System, Sacramento, also committed $100 million to a co-investment in Acosta Sales & Marketing, alongside private equity firm The Carlyle Group. The investment is called Carlyle Acosta Co-investment.
Carlyle purchased Acosta in the third quarter of this year for an undisclosed fee from private equity firm Thomas H. Lee Partners.
In a third investment, CalPERS committed $100 million to AGI Resmark Housing Fund, a San Francisco Bay area-focused multifamily residential apartment development fund managed by AGI Capital.
The fund is part of a private equity fund of funds run for CalPERS by Grosvenor Capital Management.
All three commitments were made on Sept. 14.