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Calpers commits over $4bn to private debt in Q2

Tuesday, November 10, 2026 · first reported by Alternative Credit Investor

Calpers made $4.15bn of private debt commitments in the second quarter, newly published figures show. Counting every strategy, the California Public Employees' Retirement System pledged $21.2bn during the three months to 30 June. Besides private debt, the total covers private equity, real assets, systematic equity and insurance-linked strategies, and it includes top-ups to existing holdings.

A quarterly report released ahead of the investment committee meeting on 16 November contains the figures. Calpers has $653.7bn of assets under management and around 2.4 million members.

Investor
CalPERS
Also named
Sixth Street, Wellington
Asset class
Credit
Geography
North America

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