Angela Sormani

European focused vehicles make up half of this week’s scorecard, which takes a look at the $251 billion California Public Employees’ Retirement System’s top ten investments in first-time buyout funds. Schroder Ventures’s spin-out Permira takes the top spot with its maiden independent vehicle, Permira Europe I, raised in 1997, which posted an IRR of 74.5 percent and investment multiple of 2.6x, according to CalPERS private equity investment performance figures as of June 30, 2012.

So just how friendly a reception will fund managers expected to come back to market this year get from Washington State Investment Board?

Both the $251 billion California Public Employees’ Retirement System (CalPERS) and the $150 billion California State Teachers’ Retirement System (CalSTRS) have openings for investment professionals to focus on private equity.

Hellman & Friedman Capital Partners V takes the prize as the top-performing U.S.-based buyout fund within the $170.1 billion Canada Pension Plan Investment Board private equity portfolio. Figures are as of June 30, 2012.

Advent International manages Florida State Board Administration’s top-performing European fund, having posting an IRR of 11.2 percent for its 2008 vintage Advent International GPE VI, according to data current as of September 30. That performance also beats Florida SBA’s total private equity IRR, which stands at 7.3 percent, short of its target 9.6 percent IRR.

We’ve taken a look at the mega-buyout and mid-market top performers in these weekly scorecards. But what of the small buyout segment? This week’s scorecard takes a look at the smaller buyout end of the LA City Employees Retirement System private equity portfolio that adviser Hamilton Lane manages.

Energy and power-focused buyout funds dominate this week’s scorecard, which analyzes the top ten performing buyout vehicles within the University of Texas Investment Management Company’s active private equity portfolio as of August 31, 2012.

European powerhouse CVC Capital Partners takes the crown in this week’s battle of the U.S. and European mega-buyout houses, securing first place in our list of top 10 funds based on private equity performance figures from California State Teachers’ Retirement System. U.S. and European firms both account for five of the top-10 spots, and with […]

The underlying investments in funds of funds backed by CalPERS’s account for two of the top IRRs of its entire portfolio.