CalPERS Investment Policies are approved by the CalPERS Investment Committee for itself, the Pension Fund's investment staff, and the third-party contractors who provide services and products to CalPERS.
Investment policies have been developed for CalPERS asset classes, portfolios, and programs. The policies address CalPERS investment exposure in the public equity, income, real assets, inflation assets, and private equity markets on both a national and international level. Each policy provides clarity of authority, responsibility, and accountability of CalPERS assets. Although these matters constitute CalPERS internal management, CalPERS Investment Committee has adopted each policy in full public disclosure.
The CalPERS Investment Policies are current as of April 17, 2015.
Global Governance Policy (PDF, 1.62 MB)Policy regarding sustainable investment, proxy voting, corporate engagement, and public policy advocacy. Global Governance Principles are attached.