California State Teachers' Retirement System The alternative investments portfolio of the nation's largest teachers' retirement fund has earned a net return of about 19 percent since inception. Also known as CalSTRS, the fund's assets in alternative investments posted a return of 32 percent in fiscal year 2006. Assets under management: $158 billion Allocation to private equity: $10.4 billion % of assets to private equity: 6.5% Data source: Private Equity Intelligence
Allocation to private equity measured by active commitments to private equity funds. |  Private equity firms have a reputation for destroying jobs, but it isn't clear how they impact employment in the long term. (more)  The kings of private equity face the difficult task of transitioning to new leadership; Blackstone's IPO could shape the way. (more) |
