CalPERS
CalSTRS Clinches 13.9% Return, Lifts Funded Ratio to 79% as Real Estate Portfolio Regroups
The nation's largest educator pension fund posted its strongest annual investment gain in years, strengthening a long-delayed march toward full funding even as...
CalPERS Notches 14.8% Return as Real Assets Lag the Rally at 6.3%, Portfolio Swells to $637B
The nation's largest public pension fund rode a soaring stock market to its best investment year in more than a decade, but its...
CalPERS Deploys $2.95B Across Real Estate and Infrastructure, Anchored by $2B Top-Up to GIP Redwood Platform
The California Public Employees’ Retirement System has approved nearly $3 billion in new real assets commitments, concentrating the bulk of its firepower on...
Pacific Urban Doubles Down on Coastal San Diego with $90.3MM Bet on 142-Unit Bird Rock Property
Palo Alto-based investor lands 142-unit oceanfront community at 5060 La Jolla Blvd., pushing its San Diego footprint past 2,900 units as new luxury...
CalPERS Deploys $3.95 Billion Across Eight Real Estate Partnerships in Latest Round of Commitments
The nation’s largest public pension fund reinforces its core-focused strategy with fresh capital targeting technology, industrial, multifamily and office assets. The California Public...
CalPERS Doubles Down on Real Assets With $1.45 Billion Bet
The nation’s largest pension fund is pivoting away from troubled property sectors while pursuing climate-aligned infrastructure deals California Public Employees Retirement System is...
Carmel Partners Pays $141MM for 244-Unit Stella in Marina Del Rey
San Francisco firm acquires the complex as Southern California market grapples with rising vacancy and tepid rent growth Carmel Partners has made a...
BRIDGE Housing Launches $1B Private Equity Fund for West Coast Affordable Housing
SAN FRANCISCO – BRIDGE Housing, the leading nonprofit affordable housing owner and developer on the West Coast, has launched its first private equity fund...
CalPERS Expands Committment to Nuveen’s Affordable Housing Plan to $500MM
NEW YORK, Nov. 20, 2024 — Nuveen, the investment manager of TIAA, announced today that CalPERS, California’s public sector pension and health benefits...
CalPERS’ Climate Solution Commitments Surpass $53B
SACRAMENTO, Calif. – CalPERS announced Monday it has committed more than $53 billion toward investing in climate solutions as part of a growing...
Gov. Newsom Pushes for Return to Office, Overruling Union-Negotiated Telework Rights
In a move that could redefine public sector work dynamics in California, Governor Gavin Newsom’s administration has taken decisive steps to bring state...
CalPERS Selects Stephen Gilmore as Chief Investment Officer
SACRAMENTO, Calif. – The California Public Employees’ Retirement System has selected Stephen Gilmore, a senior investment leader with extensive experience in public and private...
