Christopher Witkowsky

The US state’s $63bn pension, which has not made a commitment since 2008, currently has a 7% private equity target.

The Dutch firm has already invested about €275m from DIF Infrastructure II, which will target public-private partnerships and renewable energy projects with moderate risk profiles.

The drama surrounding the relationship between CalPERS, Apollo and controversial placement agent Alfred Villalobos continues. Investment staff at the $206bn pension allegedly questioned the relationship as long ago as 2006.

The Boston-based energy firm has been targeting $3bn for its fifth fund, which launched last year, but is switching placement agents.

Energy Investors Funds (EIF) is targeting $1.7bn for its fourth US power fund, and expects to hold a final close by the end of the year.

A high-ranking CalPERS private equity official allegedly asked Apollo's Leon Black in 2006 to bring investment opportunities directly to him, rather than using 'third parties'.

The $130bn pension has promoted John Petzold to head the absolute return asset class, which includes infrastructure. Earlier this year, the pension promoted Margot Wirth to head the private equity programme.

Dynegy has a history of private equity transactions, including a $2.35bn deal in 2005 in which Warburg Pincus took over one of its subsidiaries.

The €24bn National Pensions Reserve Fund upped its target to private equity to 10% from 8%, and to infrastructure to 5% from 2%. This year, the pension has committed to HIG Bayside and Atlantic Bridge.

The Canadian pension’s private equity, real estate and infrastructure holdings tempered losses from equities in the first fiscal quarter of 2011.