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CalPERS makes first commitment to Clearlake Capital $

4 Jul 2013

California Public Employees’ Retirement System revealed that it has backed Clearlake Partners’ third fund, which was one of the fund’s only four commitments to new managers in 2012. California’s largest pension fund made a total of ten commitments in 2012 including the $50m investment in Clearlake’s latest fund. The commitment helped the fund, Clearlake Capital[...]

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