Help us improve in just 2 minutes—share your thoughts in our reader survey.

California Public Employees' Retirement System

From Ballotpedia
Jump to: navigation, search
ESG - Teal - D2.jpg
California Public Employees' Retirement System
CalPERS.jpeg
Basic facts
Location:Sacramento, California
Top official:Theresa Taylor, president
Year founded:1932
Active members:2,238,011
Website:Official website
Total assets under management
2022:$492,571,917,000
See also: Public pensions in California

The California Public Employees' Retirement System is a California state pension fund that provides retirement, disability, and survivor benefits to the state's state, school, and public employers. The California Public Employees' Retirement System had $492,571,917,000 ($493 billion) in total assets under management as of June 30, 2022.[1]

The management of public pension funds can indicate support or opposition to environmental, social, and corporate governance (ESG) investment practices. ESG investing considers the extent to which corporations align with and promote certain non-financial standards, such as net carbon emission or corporate board diversity goals. States typically hire asset management companies (AMCs) to direct pension plan investments, some of which have ESG commitments that guide their strategies.

This article features the following sections:

Background

See also: Public pensions

The California Public Employees' Retirement System (CalPERS), founded in 1932, invests the assets of and provides funding for the Public Employees' Retirement Fund (PERF), California Employers' Pension Prefunding Trust Fund (CEPPT), California Employers' Retiree Benefit Trust Fund (CERBT), California Judges' Retirement System (JRF), California Judges' Retirement Fund II (JRF II), Legislators' Retirement Fund (LRF), Public Employees' Deferred Compensation Fund (DCF), Public Employees' Health Care Fund (HCF), Public Employees' Long-Term Care Fund (LTC), and the Supplemental Contributions Fund (SCF). CalPERS operates as a defined benefit plan based on a formula established by California state law. These plans—based on the employee's length of service and salary— provide retirement, disability, and survivor benefits to the state's public school teachers, police officers, firefighters, as well as city, county, and other public agencies.[2]

The California Public Employees' Retirement System served 1,446,497 active and inactive members and 791,514 retirees, beneficiaries, and survivors as of June 30 2023.[2]

Pension performance overview

The following table features information about the funding level and assets managed by the California Public Employees' Retirement System as of June 30, 2023:[1]

California Public Employees' Retirement System pension performance (June 30, 2023)
Fiscal year Percent funded Unfunded liabilities Total assets[3]
2022 70.9% $$179,941,000,000 $439,388,000,000

Assets and asset management

Environmental, social, and corporate governance
ESG Icon 200x200.png
• What is ESG?
• Enacted ESG legislation
• Arguments for and against ESG
• Opposition to ESG
• Federal ESG rules
• ESG legislation tracker
• Economy and Society: Ballotpedia's weekly ESG newsletter

Asset management companies (AMCs) are hired to manage asset investment for state pension funds across all 50 states.

As of October 2024, 330 AMCs were members of the Net Zero Asset Managers Initiative (NZAM), and 391 AMCs were investor participants in the Climate Action 100+ initiative. Both international asset manager initiatives aimed to align the investment decisions of signatories with the goal of achieving net zero greenhouse gas emissions by 2050.[4][5]

NZAM announced on January 13, 2025, that it was suspending operations and removing the commitment statement and list of signatories from its website. The group said in a statement it would reevaluate its plans and operations in light of “[r]ecent developments in the U.S. and different regulatory and client expectations in investors’ respective jurisdictions.”[6]

List of AMCs contracting with the California Public Employees' Retirement System

The California Public Employees' Retirement System contracted with 491 asset management companies (AMCs) as of June 2021. Of those companies, 11 were investor participants in Climate Action 100+, and seven were members of NZAM as 0f 2024. The following list identifies the AMCs (and in some cases, the specific funds) contracting with the California Public Employees' Retirement System:[7]

  • Carlyle Havasu Coinvestment, LP.
  • 57 Stars Global Opportunities Fund ii (CalPERS), LLC
  • 57 Stars Global Opportunities Fund, LLC
  • AACP AP Investors, LP.
  • AACP China Growth Investors
  • AACP India Investors B
  • AACP India Investors C
  • AACP India Venture Investors A
  • Absolute Return Strategies
  • Advent Global Technology II Limited Partnership
  • Advent International GPE IX Limited Partnership
  • Advent International GPE V-D, LP.
  • Advent International GPE VI-A, LP.
  • Advent International GPE VII-C, LP.
  • Advent International GPE VIII-B Limited Partnership
  • Affinity Asia Pacific Fund Ill LP.
  • Aisling Capital II, LP
  • Aisling Capital III, LP
  • Alinda Infrastructure Fund II, LP.
  • Alplnvest Secondaries Fund (onshore) VII, LP.
  • Antares Credit Opportunities CA - LLC
  • Antares Credit Opportunities CA LLC - Series 2
  • Antares Credit Opportunities CA LLC - Series 3
  • Antares Credit Opportunities CA LLC - Series 4
  • AP DSB Co-Invest III, LP.
  • AP IX Connect Co-Invest Holdings, LP.
  • Apollo Co-Investors (MHE), LP.
  • Apollo European Principal Finance Fund, LP.
  • Apollo Investment Fund IX, LP
  • Apollo Investment Fund V, LP.
  • Apollo Investment Fund VI, LP.
  • Apollo Investment Fund VII, LP.
  • Apollo Investment Fund VIII, LP.
  • Apollo Special Opportunities Managed Account, LP.
  • ARA China Long Term Hold
  • Archmore International Infrastructure Fund II (B), LP.
  • Archmore International Infrastructure Fund II (C), LP.
  • Arclight Energy Partners Fund IV, LP.
  • Ares Capital Europe (ACE) V - Co-investment
  • Ares Capital Europe V (D) Levered
  • Ares Corporate Opportunities Fund II, LP.
  • Ares Corporate Opportunities Fund Ill, LP.
  • Ares Corporate Opportunities Fund V, LP.
  • Ares Corporate Opportunities Fund VI, LP.
  • Ares Corporate Opportunities Fund, LP.
  • Ares Private Opportunities (CP), LP.
  • Ares Senior Direct Lending Fund II
  • Arrowstreet Global
  • Arsenal Capital Partners Growth LP
  • Arsenal Capital Partners VI LP
  • ASF VIII B LP.
  • Asia Alternatives Capital Partners II LP
  • Asia Alternatives Capital Partners, LP
  • Avatar International Investors, LP.
  • Baillie Gifford (NZAM, Climate Action 100+)
  • Baring Vostok Private Equity Fund IV LP./ Supplemental
  • Base10 Partners Ill, LP.
  • BDC Ill C LP
  • BDC IV D LP
  • BE VI 'H' LP.
  • Bear Technology Fund, LP.
  • Berkshire Fund X, LP.
  • Berkshire Spectre Co-Investor, LP.
  • Beyond SPV I, LP.
  • Birch Hill Equity Partners (US) Ill, LP
  • Birch Hill Equity Partners (US) IV, LP
  • Blackstone Arches Co-Invest LP.
  • Blackstone BioMed Life Science Real Estate LP.
  • Blackstone Capital Partners V LP.
  • Blackstone Capital Partners VI LP.
  • Blackstone Capital Partners VII, LP.
  • Blackstone Capital Partners VIII, LP.
  • Blackstone Communications Partners I LP.
  • Blackstone Core Equity Partners II, LP.
  • Blackstone First Eagle Co-Invest LP.
  • Blackstone GTS Co-Invest, LP.
  • Blackstone Property Partners Europe, LP.**
  • Blackstone Real Estate Debt Strategies IV -C L.P.
  • Blackstone Tactical Opportunities Fund - C LP.
  • Blackstone Tactical Opportunities Fund (KG Co-Invest) LP.
  • Blackstone Tactical Opportunities Fund (T Four U Co-Invest) LP.
  • Blackstone Tactical Opportunities Fund II - C LP.
  • Blackstone Tactical Opportunities Fund III-C (Surge) LP.
  • Blackstone Tactical Opportunities Fund III-C LP.
  • Blackstone/ GSO Capital Solutions Fund, LP
  • Bridgepoint Europe Ill 'C' LP.
  • Bridgepoint Europe Ill 'D' LP
  • Bridgepoint Europe IV 'B' LP.
  • Bridgepoint Europe IV 'D' LP
  • Bridgepoint Europe V
  • BRV Lotus Fund III, LP.
  • Butterfly Fund Ill, LP
  • Cal East Solstice, LLC
  • Cal PERS Asset Based Lending
  • Cal PERS Emerging Markets Debt Transition
  • Cal PERS HY Transition
  • Cal PERS Securities Lending
  • Cal PERS Senior Lending in Private CRE Debt
  • Cal PERS Short Term
  • Cal PERS Sovereign Bonds
  • Cal PERS Spread & Treasury Transition
  • Cal PERS Spread Opportunistic
  • Cal PERS Spread Segment Dur Mgmt
  • Cal PERS Structured Mortgage
  • CalEast Canada Limited Partnership
  • CalEast Industrial Investors, LLC
  • California Asia Investors, LP.
  • California Community Venture Fund, LLC
  • California Emerging Ventures IV, LLC
  • California Mezzanine Investment Fund, LP.
  • California Partners, LP.
  • CalPERS BB/B High Yield FOF
  • CalPERS Cap Weighted Beta Rep
  • CalPERS Cap Weighted Synthetic**
  • CalPERS Cap Weighted Transition
  • CalPERS Clean Energy & Technology Fund, LLC
  • CalPERS Developed Small Cap Index
  • CalPERS Direct Lending Financing
  • CalPERS Emerging Market
  • CalPERS Emerging Market Small Cap
  • CalPERS Enhanced Return
  • CalPERS External lnt'I Transition
  • CalPERS Factor Weighted
  • CalPERS Glbl All Cap Momentum
  • CalPERS Global All Cap Quality
  • CalPERS Global All Cap Value
  • CalPERS Global All Cap Vol Adj
  • CalPERS Governments
  • CalPERS Holding Fund
  • CalPERS Internal Holding GFI Fund
  • CalPERS Internal lnt'I Transition
  • CalPERS Investment Grade Corp
  • CalPERS lnt'I Dev
  • CalPERS Member Home Loan Program
  • CalPERS MHLP
  • CalPERS Non-Traditional High Yield
  • CalPERS Total Fund Completion**
  • CalPERS Total Fund Income
  • CalPERS Treasury Synthetic**
  • CalPERS US Enhanced
  • CalPERS US FTSE Three-Thousand
  • CalPERS Wellspring V, LP.
  • CalWest CalPERS GIP
  • Canyon Catalyst Fund II, LLC
  • Capital Link Fund I, LLC
  • Capital Link Fund II, LLC
  • Capital Link Management, LLC
  • Carlyle Asia Growth Partners IV, LP.
  • Carlyle Asia Partners II, LP.
  • Carlyle Asia Partners Ill, LP.
  • Carlyle Asia Partners V, LP.
  • Carlyle Europe Partners II, LP.
  • Carlyle Europe Partners Ill, LP.
  • Carlyle Europe Partners V, S.C.Sp.
  • Carlyle Europe Technology Partners II, LP.
  • Carlyle Global Financial Services Partners, LP.
  • Carlyle Infrastructure Partners, LP.
  • Carlyle Partners V, LP.
  • Carlyle Partners VI, LP.
  • Carlyle Partners VII, LP.
  • Carlyle Partners VIII, LP.
  • Carlyle Realty Partners Ill, LP.
  • Carlyle Strategic Partners II, LP.
  • Carlyle Strategic Partners IV, LP.
  • Carlyle U.S. Equity Opportunities II, LP.
  • Carlyle U.S. Growth Fund III, LP.
  • Carlyle Venture Partners II, LP.
  • Carlyle/Riverstone Global Energy and Power Fund III, LP.
  • CCF II Industrial
  • CCF III, LLC
  • CCF Ill Industrial
  • CCP 2020
  • CD&R Value Building Partners I, LP.
  • CDH Fund V, LP.
  • Cedar Street Partners LP
  • Centerbridge Capital Partners Ill, LP.
  • Cerberus CAL II Partners, LP.
  • Cerberus CAL Ill Partners, LP.
  • Cerberus Cloud Partners, LP.
  • Cerberus CP Partners LP
  • Cerberus Institutional Partners V, LP.
  • CIM Fund III, LP. (NZAM)
  • CIM Infrastructure Fund, LP. (NZAM)
  • Clayton, Dubilier & Rice Fund X, LP.
  • Clayton, Dubilier & Rice Fund XI, LP.
  • Clearlake Capital Partners Ill, LP
  • Clearlake Capital Partners IV, LP.
  • Clearlake Capital Partners V, LP.
  • Clearlake Capital Partners VII, LP.
  • Clearlake Opportunities Partners (P), LP.
  • Clearwater Capital Partners Fund Ill, LP.
  • Coller International Partners V-A, LP.
  • Columbia High Yield (Climate Action 100+)
  • Concession Investment Holdings, LLC
  • CVC Capital Partners Asia V LP.
  • CVC Capital Partners Strategic Opportunities Compounding Capital LP.
  • CVC Capital Partners VI, LP. $
  • CVC Capital Partners VII (A) LP. $
  • CVC Capital Partners VIII (A) LP.
  • CVC Credit Strategic Investment A LP.
  • CVC European Equity Partners Ill LP
  • CVC European Equity Partners IV (D) LP.
  • CVC European Equity Partners Tandem Fund (B) LP.
  • CVC European Equity Partners V (B) LP.
  • DCP C Strategic Partners, LP
  • DigitalBridge Partners II, LP
  • Dragoneer Opportunities Fund VI, LP.
  • DS Opportunities (C) LP
  • DW Life Sciences Partners, LLC
  • EMAlternatives Investments, LP.
  • EQT IX (No.2) USD SCSp (NZAM)
  • Federated Trade Finance (Climate Action 100+)
  • First Reserve Fund XI, LP.
  • First Reserve Fund XIII, LP
  • Forecastle, LP.
  • Fourth Street Partners - CPS LP.
  • Francisco Partners Agility II, LP.
  • Francisco Partners II, LP.
  • Francisco Partners III, LP.
  • Francisco Partners VI, LP.
  • FSP - Base
  • FSP - DT 2012 and Beyond
  • GCM Grosvenor DEM II, LP.
  • GCM Grosvenor DEM Ill, LP.
  • GCM Grosvenor DEM, LP.
  • General Atlantic Managed Account
  • Genstar Capital Partners X, LP.
  • Genstar X Opportunities Fund I, LP.
  • GIP Aquarius Fund, SCSp
  • Global Infrastructure Partners II, LP. (GIP II)
  • Global Infrastructure Partners IV-A/B, LP.
  • Golden Reef Infrastructure Trust**
  • Gotham Office Realty Partnership
  • GPE IX Forescout Co-Investment Limited Partnership
  • GPE IX Gemstone Co-Investment SCSp
  • GPE IX Gemstone Co-Investment-A SCSp
  • GPE IX TKE Co-Investment Limited Partnership
  • Grandval II, LP.
  • Grandval, LP.
  • GranTain Co-Invest LP.
  • Green Equity Investors CF II, LP.
  • Green Equity Investors CF, LP.
  • Green Equity Investors V, LP.
  • Green Equity Investors VIII, LP.
  • Greenleaf Co-Invest Partners, LP.
  • GRI - Base
  • GRI - DT 2012 and Beyond
  • GSO Capital Opportunities Fund II LP.
  • GSO Capital Opportunities Fund LP.
  • GSO Capital Solutions Fund II, LP.
  • GSO Energy Partners-C II LP
  • GSO Energy Partners-C LP
  • H.I.G. Europe Middle Market LBO Fund, LP.
  • H&F ARROW 1, LP.
  • H&F Spock 1, LP.
  • Harbert Gulf Pacific Power, LLC (HGPP)
  • Harbert Infrastructure Fund VI, LP.
  • Harbert Power Fund V, LP. (HPF V)
  • HC Green Development Fund, LP.
  • HC LTH LLC**
  • HCB Interests II, LP.
  • Hearthstone Housing Partners II, LLC
  • Hellman & Friedman Capital Partners IX, LP.
  • Hellman & Friedman Capital Partners VI
  • Hellman & Friedman Capital Partners VII
  • Hellman & Friedman Capital Partners VIII, LP.
  • Hellman & Friedman Capital Partners X, LP.
  • Highland CLN - Longhorn A
  • Highland CLN - Longhorn B
  • Hines European Development Fund, LP.
  • ICV Partners II, LP.
  • IIF Hedged LP
  • IMI - Base -
  • IMP - Base
  • IMP - DT 2012 and Beyond
  • IMP - ICMI
  • IMP Abaca
  • IMP DT 2012
  • IMP Fairmont Residential Owner, LLC
  • Insight Partners XI, LP. (Climate Action 100+)
  • Insight Partners XII Buyout Annex Fund, LP. (Climate Action 100+)
  • Insight Partners XII, LP. (Climate Action 100+)
  • Insight Venture Partners Growth-Buyout Coinvestment Fund (B), LP. (Climate Action 100+)
  • Insight Venture Partners IX, LP. (Climate Action 100+)
  • Insight Venture Partners X, LP. (Climate Action 100+)
  • Institutional Logistics Partners, LLC
  • Ithaca LP.
  • Ivy Investment Vehicle LDC (SWPM)
  • Jade Equity Investors, LP.
  • Karakoram Fund C, LP.
  • Khosla Ventures Ill, LP.
  • Khosla Ventures Seed, LP.
  • KKR 2006 Fund LP.
  • KKR Asian Fund II LP.
  • KKR Asian Fund IV SCSp
  • KKR Asian Fund LP.
  • KKR European Fund II, LP.
  • KKR European Fund Ill, LP.
  • KKR European Fund V (USD) SCSp
  • KKR Millennium Fund LP.
  • KKR North America Fund XIII SCSp
  • KKR Pebble Co-Invest LP.
  • KM Corporate Partners Fund II, LP
  • KPS Special Situations Fund Ill, LP
  • KS Private Investors, LP.
  • Land Management Company Resmark
  • Legato
  • Lightspeed Opportunity Fund II, LP
  • Lightspeed Venture Partners Select V, L.P.
  • Lightspeed Venture Partners XIV-A (Inception), L.P.
  • Lightspeed Venture Partners XIV-B (Ignite), L.P.
  • Lime Rock Partners IV AF, L.P.
  • Lime Rock Partners IV, LP
  • Lime Rock Partners V, L.P.
  • Lincoln Timber LP.
  • Lindsay Goldberg - Alpine Co-Inv. L.P.
  • Lindsay Goldberg IV, L.P.
  • Lindsay Goldberg V L.P.
  • Lion Capital Fund II, L.P.
  • LongRange Capital Fund I, L.P.
  • LRC Fund I PNP Coinvest, L.P.
  • Madison Dearborn Capital Partners V, L.P.
  • Madison Dearborn Capital Partners VIII, LP
  • MDCP Co-Investors (Tango), L.P.
  • Middlefield Road Private Opportunities Fund, L.P.
  • Minerva Partners, L.P.
  • National Office Partners, LLC (CWP)
  • Neptune Regional Transmission System, LLC
  • New Mountain Partners II, L.P.
  • New Mountain Partners Ill, L.P.
  • New Mountain Partners VI, L.P.
  • Newbridge Asia IV, L.P.
  • NM Pacific, L.P.
  • NM Vista Equity Partners Fund VII-Z, LP.
  • NMP Ill Continuation Fund, L.P.
  • Nomura High Yield (NZAM, Climate Action 100+)
  • Nordic Bear SCSp
  • North Haven - Infrastructure Partners II, LP.
  • Oak Hill Capital Partners II, L.P.
  • Oak Hill Capital Partners Ill, L.P.
  • Oaktree Gilead Investment Fund, L.P.-Series A
  • Oaktree Latigo Investment Fund, L.P.
  • Oaktree Opportunities Fund Vlllb, L.P.
  • OHA Black Bear Fund, L.P.
  • OHA Co-Invest Opportunities Fund
  • OHA Cred - it Opportunities CA (C), L.P.
  • OHA Credit Solutions Fund II
  • OHA Credit Solutions Fund II (CA Parallel)
  • OHA Senior Private Lending Fund (CA 3)
  • OHA Senior Private Lending Fund (CA 5)
  • Onex Fox Ill LP
  • Onex North Star Co-Invest LP
  • Onex OD Co-Invest LP
  • Onex Partners IV, L.P.
  • Onex Partners V-B LP
  • Onex SIG Co-Invest LP
  • ORA Multifamily Investments I, LLC
  • ORA Residential Investments l, L.P.
  • Pacific Multifamily Investors, LLC
  • PAG Asia I LP
  • PAG Asia Ill LP
  • PAGAC Drone Holding I LP
  • Palladium Equity Partners Ill, LP.
  • Palladium Equity Partners V, LP.
  • Patria Brazilian Private Equity Fund V, LP.
  • Permira Europe Ill
  • Permira Growth Opportunities I LP. 1
  • Permira Growth Opportunities II SCSP
  • Permira IV LP.2
  • Permira V, LP.
  • Permira VI LP. 1
  • Permira VII LP.1
  • PIMCO DISCO Fund Ill LP
  • PMI Tactical
  • Project Metal Co-Invest Fund, LP.
  • Project Stream Co-Invest Fund, LP.
  • Proofpoint Co-Invest Fund, LP.
  • Providence Equity Partners V
  • Providence Equity Partners VI LP.
  • PSG Encore LP.
  • PSG V LP.
  • Q-Street Capital, LP.
  • RealPage Parent, LP
  • Redwood Lane Capital, LP.
  • Redwood Opportunities SCSp
  • Riverstone Global Energy and Power Fund V, LP.
  • Riverstone Global Energy and Power Fund VI, LP.
  • Riverstone/Carlyle Global Energy and Power Fund IV, LP.
  • Riverstone/Carlyle Renewable & Alternative Energy Fund II, LP.
  • Riverwood Capital Partners (Parallel - A) LP.
  • RSK Aggregator, LP.
  • Sacramento Private Equity Partners, LP.
  • Sacramento Venture Hines Base
  • Sacramento Venture Hines DT
  • SAIF Partners Ill LP.
  • SAIF Partners IV LP.
  • Samson Brunelle I, LP.
  • Samson Hockey 1, LP.
  • Samson Hockey Partners 1, LP.
  • Samson Partners, LP.
  • Samson Shield 1, LP.
  • Sierra Partners, LP.
  • Silver Lake Partners Ill, LP.
  • Silver Lake Partners IV, LP.
  • Silver Lake Partners V, LP.
  • Silver Lake Partners VI, LP.
  • Silver Lake Technology Investors IV, LP
  • Silver Lake Technology Investors V, LP.
  • Siris Partners Ill, LP.
  • Siris Partners IV, LP.
  • Sixth Street Cottonwood Strategic Holdings I, L.P.
  • Sixth Street Fundamental Strategies Partners (A), L.P.
  • SL SPV-1, LP.
  • SL SPV-2, LP.
  • SLP Emblem Co-Invest, LP.
  • SLP Redwood Co-Invest, LP.
  • Southern Diversified
  • SPRINGBLUE A, LP.
  • SPRINGBLUE B, LP.
  • Standard Life MAC
  • Stockbridge Hollywood Park Co-Investors, LP.
  • Stockbridge Real Estate Fund II -B, LP.
  • Stonepeak Infrastructure Fund IV LP (NZAM)
  • Strategic Property - Fund Asia SCSP**
  • Summit Partners Co-Invest (Indigo), LP.
  • Summit Partners Growth Equity Fund X-A, LP.
  • Sunrise Boulevard PE Partners LP.
  • Sylvanus LLC**
  • T-VI Co-Invest-A LP
  • T-VIII Skopima Co-Invest LP
  • TA Select Opportunities Fund II-A, LP.
  • TA XIV-A, LP.
  • Tailwind Capital Partners II, LP
  • Tailwind Capital Partners III, LP.
  • TCC Opportunities, LP.
  • TCP II Co-Invest B, LP.
  • TCV X, LP.
  • TCV XI, LP.
  • TechCore 2019
  • The Rise Fund (A), LP.
  • Thoma Bravo Fund XIV, LP.
  • Thoma Bravo Fund XV, LP.
  • Tiger Global Private Investment Partners XV, LP.
  • Top Castle Sidecar VII, LP.
  • Tower Bridge Infrastructure Partners, LP.**
  • TowerBrook Investors II, LP.
  • TowerBrook Investors IV (Onshore), LP.
  • Towerbrook Investors V (Onshore) LP
  • Towerbrook Structured Opportunities Fund (Onshore), LP.
  • Towerbrook Structured Opportunities Fund II (Onshore) LP
  • TPG Asia V, LP.
  • TPG Asia VII (A), LP.
  • TPG Biotechnology Partners II, LP.
  • TPG Biotechnology Partners Ill, LP.
  • TPG Golden Bear Partners, LP.
  • TPG Growth - IV, LP.
  • TPG Growth V, LP.
  • TPG Healthcare Partners, LP.
  • TPG Holdings LP
  • TPG Partners IV, LP.
  • TPG Partners V, LP.
  • TPG Partners VI, LP.
  • TPG Partners VIII, LP.
  • TPG STAR, LP.
  • Trident IX, LP.
  • Trident VI
  • Trident VII, L.P.
  • Trident VIII, LP.
  • Triton Fund IV LP.
  • Triton Fund V, LP
  • TSSP Adjacent Opportunities Partners (B), L.P.
  • Valor Equity Partners IV LP.
  • Vicente Capital Partners Growth Equity Fund, LP.
  • VIP IV LP
  • WCAS Blackjack Co-Investment LLC
  • WCAS Spartan Co-Investment LLC
  • WCAS XIII, LP.
  • Wellington (NZAM, Climate Action 100+)
  • Welsh, Carson, Anderson & Stowe XI, LP.
  • Welsh, Carson, Anderson & Stowe XII, LP.
  • West Street Co-Investment Partners (C), L.P.
  • West Street Strategic Solutions Fund I-(C), L.P.
  • West Street Strategic Solutions Fund I, L.P.
  • Whitney Global Partners LP.
  • Whitney Ranch Resmark
  • Wigmore Street - (BDC Ill) LP
  • Wigmore Street BDC IV Co-Investment No.1 LP
  • Wigmore Street Co-investment No. 1 LP
  • Wigmore Street VI Co-Investment No. 1 LP
  • WLR Recovery Fund II, LP.
  • WLR Recovery Fund Ill, LP.
  • WLR Recovery Fund IV, LP.
  • Xander Co-Investment
  • Yucaipa American Alliance Fund I, LP.
  • Yucaipa American Alliance Fund II, LP.
  • Yucaipa Corporate Initiatives Fund I, LP.
  • Yucaipa Corporate Initiatives Fund II, LP.

Governance and accountability

This section features information about the 13-member board of trustees that oversees the California Public Employees' Retirement System. The board is specific to oversight of the California Public Employees' Retirement System (CalPERS) and exercises oversight duties for other state funds.[1]

Board selection method

The board of trustees that oversees the California Public Employees' Retirement System is made up of 13 members who are elected, appointed or hold office ex officio.[8]

Board of trustees membership

A 13-member board of trustees oversees the operation and administration of California Public Employees' Retirement System. The following individuals served on the board as of June 2023:[8]

  • Theresa Taylor, president
  • David Miller, vice president
  • Malia M. Cohen
  • Fiona Ma
  • Lisa Middleton
  • Eraina Ortega
  • Jose Luis Pacheco
  • Kevin Palkki
  • Ramón Rubalcava
  • Yvonne Walker
  • Mullissa Willette
  • Gail Willis

Note: One governor appointee is vacant.

See also

External links

Footnotes

  1. ↑ 1.0 1.1 1.2 CalPERS, "Annual comprehensive financial report for the fiscal year ended June 30, 2023," accessed March 8,2024
  2. ↑ 2.0 2.1 CalPERS, About,” accessed March 8, 2024
  3. ↑ Note: By default, this refers to the actuarial valuation of total assets. In some cases, the total market value of assets is shown instead. See the cited source for details.
  4. ↑ The Net Zero Asset Managers Initiative, "The Net Zero Asset Managers Initiative," accessed January 26, 2023
  5. ↑ Climate Action 100+, "The Three Goals," accessed June 20, 2023
  6. ↑ Pensions and Investments, "Net Zero Asset Managers initiative to suspend activities in wake of BlackRock departure," accessed January 15, 2024
  7. ↑ Ballotpedia, "Ballotpedia: Asset management data for state-administered pension funds across the 50 states," March 2023
  8. ↑ 8.0 8.1 Cite error: Invalid <ref> tag; no text was provided for refs named board
v • e
Environmental, social, and corporate governance (ESG)
Index
Overviews
Legislation
Terms
Influencers
Public pensions
Newsletter
Retrieved from "https://ballotpedia.org/wiki/index.php?title=California_Public_Employees%27_Retirement_System&oldid=10217375"