Investments

About Investments

The Investment Office manages over $600 billion in assets on behalf of more than 2 million members, making CalPERS the largest defined-benefit public pension in the nation. We invest in both domestic and international markets. Our goal is to manage the CalPERS investment portfolio in an efficient and sustainable manner to generate risk-adjusted returns to pay benefits now and into the future.

Learn more about the CalPERS Office of Investments

Total Market Value

Corporate Governance

Our Corporate Governance activities ensure that the public companies we invest in are managed to generate long-term, sustainable investment returns.

Investment Manager Opportunities

CalPERS seeks external investment managers to oversee our global public equity and fixed income assets. Learn more about the qualifications and register if you're interested in partnering with us.

Sustainable Investments Program

The Sustainable Investments Program identifies, analyzes, and manages high-value sustainable investment risks and opportunities that may affect our investment returns.

CalPERS Investments

Strong Returns for Our Members

CalPERS reported a preliminary investment return of 14.8% for fiscal year 2025-26, improving the estimated funded status to 85%.

Contact Us

CalPERS Investment Office
400 Q Street
Suite LPE 4800
Sacramento, CA 95811

Phone: (916) 795-3400