CalPERS continuously searches for external investment managers which offer global strategies involving publicly traded securities. Through the use of Nasdaq’s eVestment database, CalPERS will search for investment managers which meet the criteria and needs of the public asset classes. Interested investment managers must be registered in the Nasdaq eVestment database with updated and complete strategy and contact information.

Investment managers must meet the below minimum qualifications to be considered in any CalPERS search:

Minimum Qualifications
Qualification Global Public Equity Global Fixed Income
Firm History 5 years 10 years
Performance history for proposed strategy 5 years 5 years
Performance composites must be GIPS compliant Yes Yes
Firm Assets Under Management $3B $5B
Assets under management of proposed strategy $500M $1B
Registered as an investment advisor with the U.S. Securities & Exchange Commission (SEC) or equivalent non-U.S. regulatory body OR bank, insurance company, or trust company Yes Yes

If you meet the minimum qualifications, you can register for Nasdaq eVestment.

Register for Nasdaq eVestment

If you do not meet the minimum qualifications, you can submit an investment proposal directly to CalPERS for consideration.

Learn How to Submit a Proposal

Investment Manager Opportunities