Every four years, California’s largest public pension fund undertakes a reevaluation process to balance its anticipated investment returns with the expected cost of benefits paid to retirees. This ...
The California Public Employees Retirement System is revamping its private equity portfolio, with venture capital and growth ...
California Public Employees’ Retirement System, the biggest US public pension fund, is deploying more money to fast-growing and early-stage companies as part of a broader revamp of its private equity ...
In recent years, the handling of the nation’s largest public pension fund has caused growing alarm among a group of retirees who rely on it. They have sought an outside audit of California’s $530 ...
Six candidates vying for one of two board seats on the country’s largest pension system outlined their visions for the California Public Employees’ Retirement System during the election’s only forum ...
A group of protesters known as the “Climate Lamentors” stand in front of the CalPERS board of administration during an investment committee meeting on Monday, Nov. 17, urging the board to divest from ...
In November, the California Public Employees Retirement System announced it invested $60 billion in “climate solutions,” toward a goal of $100 billion by 2030. While the announcement highlighted ...
At a time when the Trump administration is eliminating DEI efforts in the federal government and military, CalPERS has hired a veteran of corporate DEI to its executive team.