TCV, Sofinnova turned in mixed performances in the state pension fund’s venture portfolio
Pension fund stays focused on its top, local venture relationships, which include Battery, Spark, TCV, Insight and Union Square
Funds by Spark and NEA lost some ground, but still remain in positive territory
Best-performing funds from CalPERS’ self-directed portfolio include those manage by Asia Alternatives Management and Khosla Ventures
CalPERS’ cleantech portfolio shows mixed results, with now bankrupt Solyndra partly to blame for some poor performance
Five of the funds from 2007 and 2008 have positive IRRs
As of September 2012, six of the nine funds had positive IRRs, including Oakland-based Claremont Creek Ventures’ second fund
Nine of the 12 funds that focus on India and China have positive IRRs, as of September 2012
Of its 13 funds, more than half boast negative IRRs, as of September 2012
A total of 29 of the 37 venture funds from its California Emerging Ventures portfolio boast positive returns
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