The $302 billion California State Teachers' Retirement System in Sacramento added $5 billion in private equity commitments in the first six months of 2022, including co-investments.
Private equity and real estate allocations were up 4% for the 12-month period ending June 30, 2022, officials reported to trustees earlier this week.
Returns for the $47 billion private equity portfolio remained robust with an annual return of 24% for the fiscal year.
The majority of allocations were to buyout strategies with a growing number of venture capital investments also being selected by staff . . .
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