The US state's investment board has committed more than two thirds of newly-deployed capital to private equity funds specialising in the energy sector.
The $10.5bn pension worked with UBS to sell a portion of its private equity portfolio. The pension board last week approved more than $100m in commitments, including to Cinven's fifth fund.
The latest Global Private Equity Barometer conducted by Coller Capital shows that 68 percent of Asia Pacific LPs will be buyers in the secondaries market over the next two years, while 42 percent of them will be on the sellers' side.
Josh Cleveland has joined Clairvue Capital Partners as the firm starts to target real estate secondaries as well as recapitalisations.
The secondaries firm, which began fundraising in early 2008, has closed on $5bn and is expected to hold a final close by 30 June.
German secondaries firm Paragon Partners has sold the remaining three companies from its 2006 fund as it works to raise a new fund.
The Geneva-based hedge fund and private equity fund manager is also expecting to hold a first close for its Ethos Environmental Sustainability Fund before the end of June.
French group AXA Private Equity, led by Dominique Senequier, has sealed the acquisition of a $1.7bn portfolio of assets from Citigroup, 14 months after a similar deal with Bank of America.
The $74bn pension has launched a competitive auction for a portfolio of fund stakes worth more than $1bn.
The $113bn pension has issued a request for proposal for a firm to run a sale of private equity and possibly real estate fund interests on the secondaries market. Proposals are due 21 June.