Aaron Weitzman
The fund, which has been in the market since August, is expected to exceed the target by $2bn to $3bn.
CalSTRS has completed 36 commitments totaling $4.7bn in the first half of this year.
The US public pension backed four private equity funds in its latest round of commitments.
The system’s national private equity portfolio underperformed the Cambridge US PE Index by 1.44%, even as the program experienced a $295m net gain in Q1.
Staff has concerns about potential impacts of the Delta variant, but the system's PE chief doesn't foresee major disruptions.
The US public pension has backed two North American private equity funds.
The US public pension backed 13 private equity funds in the second quarter of 2021.
The US pension has backed a pair of mezzanine vehicles which are targeting a combined $12.5bn in equity capital.
The US public pension backed 10 PE funds in Q1 2021.
The US public pension has backed three private equity funds in its latest round of commitments.
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