June Kim

June Kim serves as deputy chief investment officer for capital markets and joined CalPERS in 2025. Kim works closely with CalPERS’ CIO and managing investment directors to lead decision making across the portfolio. 

She has three decades of investing experience, most recently as senior investment director of total fund management at the California State Teachers’ Retirement System (CalSTRS). 

At CalSTRS, Kim oversaw asset allocation, balance sheet management and investment risk across the fund, which was valued at $374.3 billion as of Aug. 31, 2025. Prior to that, Kim served as the investment director of global equity at CalSTRS for 10 years.

Before joining CalSTRS, June served as head of equities for the Los Angeles County Employees Retirement Association. She also served as an investment officer for the City of Los Angeles. Kim worked in the private sector before joining public service, with experience at Northern Trust Global Investments, Citibank, Barclays Global Investors, and Wilshire Associates.

She graduated with a degree in business economics from UCLA and is a 2019 Finance Leaders Fellow of the Aspen Institute and a member of the Aspen Global Leadership Network.