# California State Teachers Retirement System's Fund Commitments: 99 Managers It Backs (2026)

> The 99 fund managers California State Teachers Retirement System has committed to, 368 funds in all, by kind of manager: private equity and asset managers...

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

## Private equity and asset managers

64

- [Blackstone Group](https://millionrounds.com/fund/blackstone-group)
- [Summit Partners](https://millionrounds.com/fund/summit-partners)
- [Thoma Bravo](https://millionrounds.com/fund/thoma-bravo)
- [CVC Capital Partners](https://millionrounds.com/fund/cvc-capital-partners)
- [TPG](https://millionrounds.com/fund/tpg)
- [The Carlyle Group](https://millionrounds.com/fund/the-carlyle-group)
- [Permira](https://millionrounds.com/fund/permira)
- [TA Associates](https://millionrounds.com/fund/ta-associates)
- [Francisco Partners](https://millionrounds.com/fund/francisco-partners)
- [Centerbridge Partners](https://millionrounds.com/fund/centerbridge-partners)
- [*HC* Hg Capital](https://millionrounds.com/fund/hg-capital)
- [OrbiMed](https://millionrounds.com/fund/orbimed)
- [Sixth Street](https://millionrounds.com/fund/sixth-street)
- [Spectrum Equity](https://millionrounds.com/fund/spectrum-equity)
- [Arsenal Capital Partners](https://millionrounds.com/fund/arsenal-capital-partners)
- [HarbourVest Partners](https://millionrounds.com/fund/harbourvest-partners)
- [JMI Equity](https://millionrounds.com/fund/jmi-equity)
- [*HF* Hellman & Friedman](https://millionrounds.com/fund/hellman-and-friedman)
- [Apax Partners](https://millionrounds.com/fund/apax-partners)
- [Bain Capital](https://millionrounds.com/fund/bain-capital)
- [BC Partners](https://millionrounds.com/fund/bc-partners)
- [Onex](https://millionrounds.com/fund/onex)
- [Welsh, Carson, Anderson & Stowe](https://millionrounds.com/fund/welsh-carson-anderson-and-stowe)
- [CD&R](https://millionrounds.com/fund/cd-and-r)

+40 more

## VC firms

25

- [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates)
- [GGV Capital](https://millionrounds.com/fund/ggv-capital)
- [KKR](https://millionrounds.com/fund/kkr)
- [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures)
- [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners)
- [Capital Partners](https://millionrounds.com/fund/capital-partners)
- [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures)
- [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners)
- [*B* BRV](https://millionrounds.com/fund/brv)
- [Sofinnova Investments](https://millionrounds.com/fund/sofinnova-investments)
- [Alchemy](https://millionrounds.com/fund/alchemy)
- [InterWest Partners](https://millionrounds.com/fund/interwest-partners)
- [EnCap Flatrock Midstream](https://millionrounds.com/fund/encap-flatrock-midstream)
- [Riverwood Capital](https://millionrounds.com/fund/riverwood-capital)
- [Oak HC/FT](https://millionrounds.com/fund/oak-hc-ft)
- [Spark Capital](https://millionrounds.com/fund/spark-capital)
- [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners)
- [*PV* Pond Ventures](https://millionrounds.com/fund/pond-ventures)
- [*AC* Alta Communications](https://millionrounds.com/fund/alta-communications)
- [Clearstone Venture Partners](https://millionrounds.com/fund/clearstone-venture-partners)
- [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures)
- [IVP](https://millionrounds.com/fund/ivp)
- [Charterhouse Group International](https://millionrounds.com/fund/charterhouse-group-international)
- [Craton Equity Partners](https://millionrounds.com/fund/craton-equity-partners)

+1 more

## Growth funds

8

- [Ares Management](https://millionrounds.com/fund/ares-management)
- [Intermediate Capital Group](https://millionrounds.com/fund/intermediate-capital-group)
- [Energy Spectrum Capital](https://millionrounds.com/fund/energy-spectrum-capital)
- [*SA* Sankaty Advisors](https://millionrounds.com/fund/sankaty-advisors)
- [*L* LAV](https://millionrounds.com/fund/lav)
- [*T* Tiger](https://millionrounds.com/fund/tiger)
- [*QG* Quadrangle Group](https://millionrounds.com/fund/quadrangle-group)
- [GSO Capital Partners](https://millionrounds.com/fund/gso-capital-partners)

## Family offices

1

- [The Gores Group](https://millionrounds.com/fund/the-gores-group)

## Government funds

1

- [CalSTRS](https://millionrounds.com/fund/calstrs)

## Segment by segment

### Private equity and asset managers

64 managers

- [**Blackstone Group**](https://millionrounds.com/fund/blackstone-group) Private equity United States 25 backed
- [**Summit Partners**](https://millionrounds.com/fund/summit-partners) Private equity United States 17 backed
- [**Thoma Bravo**](https://millionrounds.com/fund/thoma-bravo) Private equity United States 13 backed
- [**CVC Capital Partners**](https://millionrounds.com/fund/cvc-capital-partners) Private equity Luxembourg 12 backed
- [**TPG**](https://millionrounds.com/fund/tpg) Private equity United States 12 backed
- [**The Carlyle Group**](https://millionrounds.com/fund/the-carlyle-group) Private equity United States 12 backed
- [**Permira**](https://millionrounds.com/fund/permira) Private equity United Kingdom 9 backed
- [**TA Associates**](https://millionrounds.com/fund/ta-associates) Private equity United States 8 backed

### VC firms

25 managers

- [**New Enterprise Associates**](https://millionrounds.com/fund/new-enterprise-associates) VC firm United States 13 backed
- [**GGV Capital**](https://millionrounds.com/fund/ggv-capital) VC firm United States 9 backed
- [**KKR**](https://millionrounds.com/fund/kkr) VC firm United States 7 backed
- [**Shasta Ventures**](https://millionrounds.com/fund/shasta-ventures) VC firm United States 4 backed
- [**Valor Equity Partners**](https://millionrounds.com/fund/valor-equity-partners) VC firm United States 3 backed
- [**Capital Partners**](https://millionrounds.com/fund/capital-partners) VC firm United States 3 backed
- [**BlueRun Ventures**](https://millionrounds.com/fund/bluerun-ventures) VC firm United States 3 backed
- [**Bessemer Venture Partners**](https://millionrounds.com/fund/bessemer-venture-partners) VC firm United States 2 backed

### Growth funds

8 managers

- [**Ares Management**](https://millionrounds.com/fund/ares-management) Growth fund United States 6 backed
- [**Intermediate Capital Group**](https://millionrounds.com/fund/intermediate-capital-group) Growth fund United Kingdom 3 backed
- [**Energy Spectrum Capital**](https://millionrounds.com/fund/energy-spectrum-capital) Growth fund United States 2 backed
- [*SA* **Sankaty Advisors**](https://millionrounds.com/fund/sankaty-advisors) Growth fund - 2 backed
- [*L* **LAV**](https://millionrounds.com/fund/lav) Growth fund - 2 backed
- [*T* **Tiger**](https://millionrounds.com/fund/tiger) Growth fund - 1 backed
- [*QG* **Quadrangle Group**](https://millionrounds.com/fund/quadrangle-group) Growth fund United States 1 backed
- [**GSO Capital Partners**](https://millionrounds.com/fund/gso-capital-partners) Growth fund United States 1 backed

### Family offices

1 manager

- [**The Gores Group**](https://millionrounds.com/fund/the-gores-group) Family office United States 2 backed

### Government funds

1 manager

- [**CalSTRS**](https://millionrounds.com/fund/calstrs) Government fund United States 5 backed

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

## More portfolio maps

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

[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 **California Public Employees' Retirement System (CalPERS)'s fund commitments** 95 managers](https://millionrounds.com/portfolio-maps/california-public-employees-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 **Minnesota State Board of Investments' fund commitments** 62 managers](https://millionrounds.com/portfolio-maps/minnesota-state-board-of-investments-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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