Asset Owner Directory

California Public Employees Retirement System (CalPERS)

The California Public Employees’ Retirement System (CalPERS or the System) is the nation’s largest defined benefit public pension fund. Headquartered in Sacramento, CalPERS provides retirement benefit services to nearly 2.1 million members and health benefit services to over 1.5 million covered lives for state, school, and public employers.

Country

United States

AUM ($B)

$489

Performance

21.7

Chief Executive

Marcie Frost

Chief Investment Officer

Dan Bienvenue

Chair

Henry Jones

Asset allocation
Asset classes are a result of a period strategic asset allocation process and approved by the CalPERS Board of Administration.CalPERS' investment portfolio is diversified into several asset classes. Strategic asset allocation is the dominant determinant of portfolio risk and return; a well-diversified portfolio shapes our long-term performance, protects the Retirement Fund, and ensures any weaknesses in one area are offset by gains in another.

36.3% Public Equity

43.8% Private Equity

-0.1% Fixed Income

2.6% Real Assets

0.1% Liquidity

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Leverage: Friend or foe?

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