# California Public Employees' Retirement System (CalPERS): portfolio, investments and team > California Public Employees' Retirement System (CalPERS) is an institutional lp based in United States. 2 investments on record, latest Oct 2025. Source: https://millionrounds.com/fund/california-public-employees (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # California Public Employees' Retirement System (CalPERS) Last cheque observed Oct 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet Institutional LP Growth Venture Medical Device Therapeutics Association Cheques on record **0%** of best year **0** **cheques in 12 months**, 2 on record Since the last cheque **375** days **00** hrs **00** min **00** sec Median round **$450M** Rounds led **1 of 2** Sole investor **1 rounds** Pitch California Public Employees' Retirement System (CalPERS) ## California Public Employees' Retirement System (CalPERS) highlights - 01 2 rounds on record - 02 Mostly Growth and Venture: 100% of its rounds - 03 Sole investor in 1 rounds, median undisclosed ## What they do > California Public Employees' Retirement System From their own website - **Type:** Institutional LP - **Cheque size:** Not stated - **Sectors:** Medical Device Therapeutics Association - **Based in:** Sacramento, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **2 appearances** - **2025** 1 round - **Oct** **[Zepto](https://millionrounds.com/company/zepto)** Growth · IN · TechCrunch **$450M** *Led* - **2002** 1 round - **Oct** **[Progress-Putnam Lovell Advisors](https://millionrounds.com/company/progress-putnam-lovell-advisors)** Venture **Undisclosed** Sole investor An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. Funds they back ## 485 fund commitments on record - **Committed:** $163B - **Managers:** 169 - **Vintages:** 1998 to 2026 Every fund on record that it has committed money to, and the managers who invest it. Source: the pension's own report, latest Mar 2026. 2001 2005 2015 2020 2025 2026 Managers it backs most - [Blackstone Group 13 funds · $4.8B](https://millionrounds.com/fund/blackstone-group) - [The Carlyle Group 13 funds · $4.7B](https://millionrounds.com/fund/the-carlyle-group) - [CVC Capital Partners 10 funds · $4.2B](https://millionrounds.com/fund/cvc-capital-partners) - [TPG 18 funds · $4.2B](https://millionrounds.com/fund/tpg) - [Insight Partners 10 funds · $3.4B](https://millionrounds.com/fund/insight-venture-partners) - [General Catalyst 7 funds · $3.3B](https://millionrounds.com/fund/general-catalyst) - [Pantheon 3 funds · $3.2B](https://millionrounds.com/fund/pantheon) - [KKR 8 funds · $3.0B](https://millionrounds.com/fund/kkr) - [Leonard Green & Partners 8 funds · $2.9B](https://millionrounds.com/fund/leonard-green-and-partners) - [Advent International 7 funds · $2.9B](https://millionrounds.com/fund/advent-international) - [TowerBrook Capital Partners 6 funds · $2.8B](https://millionrounds.com/fund/towerbrook) - [Permira 8 funds · $2.7B](https://millionrounds.com/fund/permira) Most recent commitments - *2026* Grand Isle Fund *$1.0B* - *2026* Innovation Opportunities II *$872M* - *2026* Bear Coast (Ventures) Fund II *$700M* - *2026* [Thrive Capital Partners X Opportunity Fund](https://millionrounds.com/fund/thrive-capital-2) *$500M* - *2026* Grandval III *$400M* - *2026* GC Creation Fund III *$400M* - *2026* [Thrive Capital Partners X Growth](https://millionrounds.com/fund/thrive-capital-2) *$386M* - *2026* [Lux Ventures IX](https://millionrounds.com/fund/lux-capital) *$325M* - *2026* [Arlington Capital Partners VII](https://millionrounds.com/fund/arlington-capital) *$300M* - *2026* NM Pacific Parallel Series, L.P. (Series B) *$300M* - *2026* [Sycamore Partners IV](https://millionrounds.com/fund/sycamore-partners) *$200M* - *2026* [Hadrian Gap](https://millionrounds.com/fund/hadrian-capitaltm) *$200M* - *2026* [PGSF VIII USD Feeder (Delaware)](https://millionrounds.com/fund/pgsf-viii-usd) *$200M* - *2026* [TPG Emerging Companies Asia](https://millionrounds.com/fund/tpg) *$100M* And 471 earlier commitments. ## What they claim to have backed From their own portfolio page (on their website) **1** of 5 we have independently watched raise [Surveymonkey](https://millionrounds.com/company/surveymonkey) COVID-19 Updates Flex Alert Flex Alert Saveourwater Youtube-nocookie Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. ## The cheque Growth Venture Median round joined **$450M** the round, not its cheque Alone, median **-** Led 1 of 2 rounds **50%** - **Sole investor:** 1 rounds - **Last cheque:** Oct 2025 Rounds by stage said on their site - Growth *1* - Venture *1* Cheques by month Led Joined Nov 2023 Oct 2026 **Pitching California Public Employees' Retirement System (CalPERS)?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies California Public Employees' Retirement System (CalPERS) put money into. [**Zepto** $450M · Oct 2025](https://millionrounds.com/company/zepto) ## Quick answers about California Public Employees' Retirement System (CalPERS) ### What does California Public Employees' Retirement System (CalPERS) invest in? California Public Employees' Retirement System (CalPERS) invests most often at Growth and Venture (100% of the rounds on record), in sectors such as Medical Device, Therapeutics and Association. ### How active is California Public Employees' Retirement System (CalPERS)? 2 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Oct 2025. ### What has California Public Employees' Retirement System (CalPERS) invested in recently? Its most recent investments on record: Zepto (Growth, Oct 2025). ### How big are California Public Employees' Retirement System (CalPERS)'s cheques? The median round it joins is $450M. ### Is California Public Employees' Retirement System (CalPERS) investing now? No investments in the last 12 months; the latest was in Oct 2025. ### What kind of investor is California Public Employees' Retirement System (CalPERS)? California Public Employees' Retirement System (CalPERS) is an institutional LP based in Sacramento, United States. ### When was California Public Employees' Retirement System (CalPERS) founded? California Public Employees' Retirement System (CalPERS) was founded in 1932. ### Where does this information on California Public Employees' Retirement System (CalPERS) come from? From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=california-public-employees) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=california-public-employees)