It’s not clear if the transaction closed yet. The sale included multiple buyers, rather than one large buyer, as has been the case with large portfolio deals recently, the person said. CalPERS did not disclose the funds in the portfolio, but sources have described it as an “eclectic mix” ill-suited for one buyer. “It’s a mixed bag — some larger positions, some tail end, mixed quality,” a source said in a previous interview. UBS ran the sale, the fourth portfolio the bank’s secondary advisory group has handled for CalPERS since 2007. The four sales included a $2 billion portfolio sold...