March 16, 2026
CalPERS Discloses $25.2B in Commitments Across 80 Funds
CalPERS disclosed $25.2B in commitments across 80 funds, offering one of the clearest snapshots of current institutional deployment. The allocations included $11.9B to private equity, $5.75B to real assets, and $5.73B to private credit, alongside commitments such as $1.25B to two OHA Senior Private Lending Fund vehicles and $1B each to Blackstone Credit Series A-2 and B-2, Golden Maple Infra-Value Add, and Pacific Multifamily Investors.
Allocator activity extended beyond CalPERS. The South Carolina Retirement System Investment Commission disclosed roughly $1.2B in delegated commitments across private equity and real assets between December and February, including $526.5M to TA Realty-SC, $250M to Strategic Partners X, $200M to Basalt Infrastructure Partners Fund V, and $200M across Francisco Partners vehicles. In Europe, Dutch pension funds PMT and PME awarded Robeco a €1.15B private corporate debt mandate, overseen by fiduciary manager MN, with capital expected to deploy over roughly two years. Meanwhile, the Firefighters’ Retirement System of Louisiana selected Westfield Capital Management as a US SMID cap equity manager.
On the GP side, Nahda Capital Partners registered its debut private equity fund targeting $350M to invest in middle-market businesses across the UAE, Saudi Arabia, and the broader GCC, with fundraising expected to begin in the coming weeks, and Singtel Innov8 launched a $250M AI Growth Fund focused on global growth-stage artificial intelligence companies. In real estate, Canopy Real Estate Partners closed its inaugural vehicle, Canopy Fund I, with $75M in commitments to pursue value-add multifamily, industrial, and retail assets across the Western US.
In people news, the Federal Retirement Thrift Investment Board appointed Mike Jerue as CIO of the $1.07T Thrift Savings Plan, succeeding Sean McCaffrey.
Read on for all the day’s fundraising news headlines.
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INVESTMENTS & SEARCHES
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