Retirement system CalPERS has made commitments of nearly $4.5bn to private equity funds in the year to date.
The LP has backed 12 private equity funds and participated in five co-investment opportunities, said Pensions and Investments.
The largest commitment was made to CVC, which secured $667m for its Capital Partners VI fund.
Calpers also committed $600m and $500m to Cerberus CP Partners and Apollo Investment Fund VIII, respectively.
First Reserve received a $400m commitment, while Permira, Blackstone Tactical Opportunities and Onex Partners secured around $300m.
Lats month CalPERS released its annual results, which showed that its overall returns reached 18.4 per cent in the year to end-June, while its overall assets passed $300bn.
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