EUROPE - SLIPE to manage CalPERS' EUR 400m mandate
Standard Life Investments (Private Equity) Ltd (SLIPE) has been selected to manage a EUR 400m mandate focused exclusively on European private equity.
The mandate will be managed in the ESP Golden Bear Europe Fund on behalf of California Public Employees Retirement System (CalPERS), as part of their Alternative Investment Managment (AIM) program. CalPERS is the largest public pension fund in America, with over $245bn in assets, providing retirement and health benefits to approximately 1.5 million employees, retirees and their families, and over 2,500 employers. The mandate will specifically target small to middle market European investments.
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