# California Public Employees' Retirement System (CalPERS)'s Fund Commitments: 95 Managers It Backs (2026)

> The 95 fund managers California Public Employees' Retirement System (CalPERS) has committed to, 317 funds in all, by kind of manager: private equity and...

Source: https://millionrounds.com/portfolio-maps/california-public-employees-fund-commitments (Millionrounds; every figure on the page links to its filing or article)

## Private equity and asset managers

60

- [TPG](https://millionrounds.com/fund/tpg)
- [The Carlyle Group](https://millionrounds.com/fund/the-carlyle-group)
- [Blackstone Group](https://millionrounds.com/fund/blackstone-group)
- [CVC Capital Partners](https://millionrounds.com/fund/cvc-capital-partners)
- [Silver Lake Partners](https://millionrounds.com/fund/silver-lake)
- [Permira](https://millionrounds.com/fund/permira)
- [Cerberus Capital Management](https://millionrounds.com/fund/cerberus-capital-management)
- [Francisco Partners](https://millionrounds.com/fund/francisco-partners)
- [Advent International](https://millionrounds.com/fund/advent-international)
- [TowerBrook Capital Partners](https://millionrounds.com/fund/towerbrook)
- [Clearlake Capital Group](https://millionrounds.com/fund/clearlake-capital-group)
- [Thoma Bravo](https://millionrounds.com/fund/thoma-bravo)
- [Welsh, Carson, Anderson & Stowe](https://millionrounds.com/fund/welsh-carson-anderson-and-stowe)
- [Bridgepoint](https://millionrounds.com/fund/bridgepoint-group)
- [Bain Capital](https://millionrounds.com/fund/bain-capital)
- [Stone Point Capital](https://millionrounds.com/fund/stone-point-capital)
- [*HC* Hg Capital](https://millionrounds.com/fund/hg-capital)
- [Genstar Capital](https://millionrounds.com/fund/genstar-capital)
- [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners)
- [New Mountain Capital](https://millionrounds.com/fund/new-mountain-capital)
- [*HF* Hellman & Friedman](https://millionrounds.com/fund/hellman-and-friedman)
- [GCM Grosvenor](https://millionrounds.com/fund/gcm-grosvenor)
- [Prysm Capital](https://millionrounds.com/fund/prysm-capital)
- [EQT](https://millionrounds.com/fund/eqt)

+36 more

## VC firms

28

- [Insight Partners](https://millionrounds.com/fund/insight-venture-partners)
- [KKR](https://millionrounds.com/fund/kkr)
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners)
- [General Catalyst](https://millionrounds.com/fund/general-catalyst)
- [PSG](https://millionrounds.com/fund/providence-equity-partners)
- [*HC* HongShan Capital](https://millionrounds.com/fund/hongshan-capital)
- [SignalFire](https://millionrounds.com/fund/signalfire)
- [Base10 Partners](https://millionrounds.com/fund/base10-partners)
- [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners)
- [Lux Capital](https://millionrounds.com/fund/lux-capital)
- [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners)
- [The Rise Fund](https://millionrounds.com/fund/the-rise-fund)
- [*WC* Whitney & Co.](https://millionrounds.com/fund/whitney-and-co)
- [Balderton Capital](https://millionrounds.com/fund/balderton-capital)
- [Mayfield Fund](https://millionrounds.com/fund/mayfield)
- [Hedosophia](https://millionrounds.com/fund/hedosophia)
- [Canaan](https://millionrounds.com/fund/canaan-partners)
- [Cross Point Capital](https://millionrounds.com/fund/crosspoint-capital)
- [*B* BioGeneration](https://millionrounds.com/fund/biogeneration)
- [*B* BRV](https://millionrounds.com/fund/brv)
- [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management)
- [*FB* Forbion BioEconomy](https://millionrounds.com/fund/forbion-bioeconomy)
- [Oak HC/FT](https://millionrounds.com/fund/oak-hc-ft)
- [Acrew Capital](https://millionrounds.com/fund/acrew-capital)

+4 more

## Growth funds

4

- [Ares Management](https://millionrounds.com/fund/ares-management)
- [Vicente Capital Partners](https://millionrounds.com/fund/vicente-capital-partners)
- [Bond](https://millionrounds.com/fund/bond)
- [*BC* Bain Capital Tech Opportunities](https://millionrounds.com/fund/bain-capital-tech-opportunities)

## Family offices

1

- [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2)

## Accelerators

1

- [Thrive Capital](https://millionrounds.com/fund/thrive-capital)

## Corporate investors

1

- [SR One](https://millionrounds.com/fund/sr-one)

## Segment by segment

### Private equity and asset managers

60 managers

- [**TPG**](https://millionrounds.com/fund/tpg) Private equity United States 18 backed
- [**The Carlyle Group**](https://millionrounds.com/fund/the-carlyle-group) Private equity United States 13 backed
- [**Blackstone Group**](https://millionrounds.com/fund/blackstone-group) Private equity United States 13 backed
- [**CVC Capital Partners**](https://millionrounds.com/fund/cvc-capital-partners) Private equity Luxembourg 10 backed
- [**Silver Lake Partners**](https://millionrounds.com/fund/silver-lake) Private equity United States 9 backed
- [**Permira**](https://millionrounds.com/fund/permira) Private equity United Kingdom 8 backed
- [**Cerberus Capital Management**](https://millionrounds.com/fund/cerberus-capital-management) Private equity United States 8 backed
- [**Francisco Partners**](https://millionrounds.com/fund/francisco-partners) Private equity United States 7 backed

### VC firms

28 managers

- [**Insight Partners**](https://millionrounds.com/fund/insight-venture-partners) VC firm United States 10 backed
- [**KKR**](https://millionrounds.com/fund/kkr) VC firm United States 8 backed
- [**Lightspeed Venture Partners**](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm United States 8 backed
- [**General Catalyst**](https://millionrounds.com/fund/general-catalyst) VC firm United States 7 backed
- [**PSG**](https://millionrounds.com/fund/providence-equity-partners) VC firm United States 5 backed
- [*HC* **HongShan Capital**](https://millionrounds.com/fund/hongshan-capital) Investment firm - 4 backed
- [**SignalFire**](https://millionrounds.com/fund/signalfire) VC firm United States 4 backed
- [**Base10 Partners**](https://millionrounds.com/fund/base10-partners) VC firm United States 4 backed

### Growth funds

4 managers

- [**Ares Management**](https://millionrounds.com/fund/ares-management) Growth fund United States 3 backed
- [**Vicente Capital Partners**](https://millionrounds.com/fund/vicente-capital-partners) Growth fund United States 1 backed
- [**Bond**](https://millionrounds.com/fund/bond) Growth fund United States 1 backed
- [*BC* **Bain Capital Tech Opportunities**](https://millionrounds.com/fund/bain-capital-tech-opportunities) Growth fund - 1 backed

### Family offices

1 manager

- [**Thrive Capital**](https://millionrounds.com/fund/thrive-capital-2) Family office - 5 backed

### Accelerators

1 manager

- [**Thrive Capital**](https://millionrounds.com/fund/thrive-capital) Accelerator United States 1 backed

### Corporate investors

1 manager

- [**SR One**](https://millionrounds.com/fund/sr-one) Corporate investor United States 4 backed

**How this map is made.** Every manager here runs a fund California Public Employees' Retirement System (CalPERS) has committed to, as its public commitment reports show. Grouped by the kind of manager, each ranked by how many of its funds California Public Employees' Retirement System (CalPERS) backs. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Fund commitments **Minnesota State Board of Investments' fund commitments** 62 managers](https://millionrounds.com/portfolio-maps/minnesota-state-board-of-investments-fund-commitments)[Fund commitments **California State Teachers Retirement System's fund commitments** 99 managers](https://millionrounds.com/portfolio-maps/california-state-teachers-retirement-system-fund-commitments)[Fund commitments **Washington State Investment Board's fund commitments** 85 managers](https://millionrounds.com/portfolio-maps/washington-state-investment-board-fund-commitments)[Fund commitments **Regents of the University of California's fund commitments** 34 managers](https://millionrounds.com/portfolio-maps/regents-of-the-university-of-california-fund-commitments)[Fund commitments **European Investment Fund's fund commitments** 28 managers](https://millionrounds.com/portfolio-maps/european-investment-fund-eif-fund-commitments)[Fund commitments **Cendana Capital's fund commitments** 22 managers](https://millionrounds.com/portfolio-maps/cendana-capital-fund-commitments)

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