We invest $33.5 billion (9.5 percent) of our $351.8 billion in assets in California, including in the state's underserved communities. Our private market investments in California generate $36.5 billion in economic activity and provide significant additional benefits resulting from the magnitude and breadth of our presence in the state.

We'll continue to pursue California-based investment opportunities grounded in the historic strength of the state economy, seeking attractive risk-adjusted financial returns. CalPERS for California demonstrates our ongoing commitment to rigorously track and report on these efforts.

Location of our Investments in California