The $300.5 billion California Public Employees’ Retirement System, Sacramento, committed $110 million to a co-investment with private equity firm Onex Partners, said spokesman Brad Pacheco.
The investment in Onex SIG Co-Invest was made Feb. 15, according to a CalPERS investment report contained in agenda material for its April 13 investment committee meeting.
CalPERS originally committed $300 million to Onex Partners IV in 2014.