CalPERS manages pension and health benefits for over 1.5 million California public employees.
Location
Sacramento, CA, US
Founded
1932
CalPERS, the California Public Employees' Retirement System, manages pension and health benefits for over 1.5 million California public employees, retirees, and their families. As an agency within the California Government Operations Agency, CalPERS oversees a substantial investment portfolio, although specific details on their typical investment size or focus stages are not explicitly provided. The organization is headquartered in Sacramento, California, and operates with an annual budget of $2.44 billion.
Notable portfolio companies include Thomas Weisel Partners, which has raised $100 million. Key decision-makers at CalPERS include CEO Marcie Frost, Board President Henry Jones, and Board Vice President Theresa Taylor. CalPERS' investment philosophy centers on securing long-term financial stability for its beneficiaries. The firm offers unique value-add services such as comprehensive educational forums for employers and stakeholders, exemplifying its commitment to transparency and member engagement.
Calpers - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
