---
title: CalPERS Commits $5.488B to Alts
description: CalPERS Commits $5.488B to Alts
---

[Dakota Funds ](https://dakotafunds.com/dakota-funds)

# [CalPERS Commits $5.488B to Alts](https://dakotafunds.com/dakota-funds/fundraising-news/calpers-commits-5.488b-to-alts)

 Written by [Helen Bascom, Marketing Associate](https://dakotafunds.com/dakota-funds/author/helen-bascom-marketing-associate) | November 17, 2023

The California Public Employees’ Retirement System (CalPERS) disclosed 29 commitments to alternatives, totaling $5.488 billion, made in Q2 according to materials from the November Investment Committee meeting. 

In private credit, $1.3 billion was committed to Ares Capital Europe VI.

In real assets, $150 million was allocated to DCP C Strategic Partners, $200 million to IFM Global Infrastructure, and $250 million to BIF V Co-Invest. 

Within private equity:

-    $300 million to BC CLP Investors 

-    $200 million to Genstar Capital Partners XI

-    $200 million to Genstar XI Opportunities Fund I

-    $100 million to Bear Coast Fund

-    $150 million to CA1 SPV 

-    $150 million to Hg Saturn 3 A

-    $132 million to Hg Genesis 10 A 

-    $53 million to Hg Mercury 4 A 

-    $17 million to Forbion Growth Opportunities Fund II Cooperateif U.A. 

-    $176 million to Forbion Ventures VI Cooperatief U.A. 

-    $22 million to BioGeneration Capital Fund V Cooperatief U.A.

-    $300 million to Lux Capital VIII 

-    $411 million to Blackwell Capital Partners 

-    $68 million to SR One Capital Opportunities Fund I 

-    $150 million to AMZL, LP 

-    $300 million to Valor Equity Partners VI 

-    $254 million to CV Consortio Fund

-    $150 million to Coalesce Capital Fund I 

-    $10 million to Coastal Pacific Partners 

-    $100 million to Coefficient Capital Apex Fund I

-    $21 million to Mayfield XVII

-    $14 million to Mayfield Select III

-    $125 million to Bain Capital Insurance Fund 

-    $110 million to NM Pacific 

-    $75 million to TPG Life Sciences Innovations

As of September 30, 2023, the $450 billion pension fund has allocated 31.8% to private assets.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a *[free trial](https://www.dakota.com/free-trial)* of Dakota Marketplace!*

[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/calpers-commits-5.488b-to-alts)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Helen Bascom, Marketing Associate"
  },
  "dateModified" : "2024-04-04T20:38:22.689Z",
  "datePublished" : "2023-11-17T05:00:00Z",
  "headline" : "CalPERS Commits $5.488B to Alts",
  "image" : {
    "@type" : "ImageObject",
    "height" : 2119,
    "url" : "https://22672301.fs1.hubspotusercontent-na1.net/hubfs/22672301/Imported_Blog_Media/vital-sinkevich-k2iRpPpbKFY-unsplash.jpg",
    "width" : 3327
  },
  "mainEntityOfPage" : "https://dakotafunds.com/dakota-funds/fundraising-news/calpers-commits-5.488b-to-alts",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Dakota Funds"
  }
}
```