CalSTRS committed about $2.1 billion to private equity strategies in the six months ending June 30, the $316.7 billion pension fund reported.
The California State Teachers' Retirement System, West Sacramento, committed $350 million to buyout fund Clayton, Dubilier & Rice XII and $300 million to middle-market buyout fund TA Associates XV.
CalSTRS also committed $250 million to buyout fund Blackstone Capital Partners IX; €200 million ($213 million) to buyout fund VIP V, managed by Vitruvian Partners; $200 million to buyout fund Hellman & Friedman XI; and $200 million to AlpInvest SSMA, it's third commitment to the buyout strategy managed by Carlyle Group.
Pension officials also committed €150 million to Cinven VIII, $150 million to buyout fund Bain Capital Asia V, $125 million to buyout fund CVC Capital Partners Asia VI, $100 million to venture capital fund Institutional Venture Partners XVIII and $50 million to venture capital fund Tiger Global Private Investment Partners XVI.
