CalPERS

Real Assets Glossary

This Glossary identifies, defines, and clarifies the meaning of investment terms used by CalPERS in our investment policies. The purpose of the Glossary is to establish a uniform vocabulary of terms for users of these policies.

Choose from the letters below to find a specific Real Assets Investment Policy term or phrase. You'll also find information about the related policies and asset classes for each term.

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z  #  ALL  


A


Abiotic Risks - Risks to the health and well-being of forests that originate from non-biological sources such as wind, fire, snow and ice.

Related Policy


Acquisition - Gaining the controlling interest over an asset, usually referring to one company buying out another.

Related Policy

  • No related policies

Advisory Committee - A group of investors in the partnership whose primary functions are to address certain partnership-related issues. Based on the roles and responsibilities outlined in limited partnership agreement, the Advisory Board may review conflicts of interest, approve valuation policies, review operating budgets, vote on partnership term extensions, and perform other duties as deemed appropriate.

Related Policy


Appreciation Return - The percentage change in the market value of a property or portfolio, adjusted for capital improvements and partial sales, over a period of analysis.

Related Policies


Assisted Living - Assisted living refers to properties that include multi-unit residential facilities with supportive hospitality services such as meals, housekeeping, transportation, and social programs, as well as 24-hour protective services and personal care assistance.

Related Policy

  • No related policies