As the nation's largest public pension fund with assets totaling $260.9 billion as of August 31, 2013, CalPERS investments span domestic and international markets.
The CalPERS Board of Administration has investment authority and sole fiduciary responsibility for the management of CalPERS assets. With the Board's guidance, CalPERS Investment Committee and Investment Office carry out the daily activities of the investment program.
CalPERS has generated strong long-term returns by effectively managing investments to achieve the highest possible return at an acceptable level of risk. The CalPERS portfolio is diversified into several asset classes, so any weaknesses in one area are offset by gains in another. The Board follows a strategic asset allocation policy that targets the percentage of funds invested in each asset class.
Use our online service to submit your investment proposal.
View the agenda and related documents from the December 3, 2012, forum in Sacramento.
Complete our online questionnaire to help us evaluate current brokers and identify emerging brokerage firms interested in doing business with CalPERS.
Review information on our asset allocation, current investment fund value, California investments, equities, fixed income, inflation-linked and real estate investment programs.
Read about the policies that guide the Board's Investment Committee in making investment decisions.
The CalPERS Risk Management System helps us measure, monitor and manage investment risk.
Find everything you need to know about our Global Governance Program and shareowner activities.
Learn how CalPERS captures investment opportunities and minimizes potential risks presented by climate change.
CalPERS and CalSTRS teamed up to develop a comprehensive database of emerging managers and financial service providers.
Read current investment and global governance news.
Review annual investment reports from 2002 to the present, the Comprehensive Annual Financial Report and Facts at a Glance.
Learn about business opportunities and how to submit a proposal.