Private equity: Not just for the rich

State pension funds are some of the largest investors in private equity. Here's a look at some of the biggest investors.

Private equity goes mainstream
If you think private equity is only for the wealthy, get ready for a big surprise.

As private equity funds have proliferated, state pension funds have been funneling more and more money into these investments.

Several critics have argued that the buyout frenzy only benefits the top dealmakers of the private equity chain. But the industry's lobbying group claims private equity benefits millions - by virtue of its investor base.

Chances are if you're a public employee, your retirement fund is invested in private equity. Take a look at how some of the nation's largest pension funds invest in private equity.


Pension funds: Big investors

CalPERS

Washington State

CalSTRS

Oregon State Treasury

New York State
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.