Board Member

Position

Insurance industry representative

Committees

  • Board Governance
  • Finance & Administration
  • Investment
  • Performance, Compensation & Talent Management

Board Terms

Upon appointment by Gov. Gavin Newsom

Profile

Structuring investments, innovation, and initiatives that yield competitive financial returns and positive social and environmental impact is Stacie’s passion. Her career spans the private and public sectors across the areas of investment, technology, and policy.

Governor Gavin Newsom appointed Stacie Olivares in August 2019 as a Trustee of the California Public Employees’ Retirement System (CalPERS), the largest public pension in the United States. She serves on four committees of the CalPERS Board of Administration: Governance, Finance & Administration, Investment, and Performance, Compensation & Talent Management.

Until April 2020, Stacie served as Chief Investment Officer of Lendistry, a minority owned CDFI and marketplace lender that provides small business loans at affordable rates. She served as the Senior Advisor on Impact Investment and Blockchain for the State of California in 2018. From 2011 through 2018, Stacie was also the Managing Director and Chief Investment Officer of the California Organized Investment Network (COIN), an investment fund directing insurance industry capital in investments that yield competitive financial returns and environmental or social benefits to California’s underserved and rural communities. During her tenure, the value of insurers’ COIN holdings more than quadrupled from $6.6 billion at the beginning of 2011 to approximately $29 billion at the end of 2018. 

Prior to joining COIN, she worked at Morgan Stanley in portfolio management and financial advisory services. Before working on Wall Street, Stacie served as the former Executive Director of the State of California’s economic advisory board, the California Commission for Economic Development. She came to the State from Palm, Inc., where she led licensee business development and account management for the tech company’s top clients.

Stacie advises several early stage companies and serves on the board of the Hispanic Heritage Foundation. She is an alumna of the University of California at Berkeley and Harvard University.