CalPERS

Investment focus

Sectors

From firm website, not verified

Investment Stages

From firm website, not verified

Geographic Focus

Investment thesis

The largest US public pension fund, re-entered venture capital after a decade-long hiatus with a 14.7% 1-year VC return and over $15B in annual PE commitments.

Typical check size

€50M – €500M

How To Pitch CalPERS

No Stated Policy
CalPERS hasn't published an outreach policy. A short, specific cold email is the safest default.
Source

Portfolio highlights

Venture program via LP commitments to top-tier VC funds
Growth equity and mid-market buyout strategies
27 new PE commitments totaling $4.3B in H2 2025

Website reachable as of Aug 2026. Focus and check size as listed by the firm, not independently verified.

Ready To Reach CalPERS?

A fit check scores your pitch against their thesis, stage and ticket. An email draft uses their real deals and thesis, not a template.