California Public Employees' Retirement System overview
Stories about California Public Employees' Retirement System
CalPERS sees higher real estate returns after allocation shift
The California pension giant has shifted more capital to non-core real estate strategies over the past two years.
We need to talk about total portfolio
The increasing shift to a new investment model among investors could be the capital markets reset that real estate needs.
US real estate investors look to allocate more capital overseas
The country’s deglobalization push is causing groups like CalSTRS and CalPERS to consider globalizing their property portfolios.
TPG Next’s Pavkov: ‘We are acutely worse off as allocators’
The bleak fundraising environment has made it much more challenging for CalPERS' and CalSTRS' allocators to support new platforms.
CalPERS, CalSTRS executives address real estate rebalancing
CalPERS looks to be ‘more tactical’ with office investments, while CalSTRS is ‘slowing down’ its pacing but expects opportunities from distress.
CalSTRS’ carbon tracking highlights decarbonization challenges
CalSTRS’s emissions tracking highlights the difficulties of decarbonization
Investors are still taking chances on new manager relationships
Even during a fundraising slump, one of the world’s largest capital allocators just demonstrated institutions will make bets for the right firm and strategy.
CalPERS looks to ‘move up the risk curve' in real estate
The largest US pension fund eyes non-core funds for its next round of allocation to the asset class.
California Public Employees' Retirement System contact information
Offices
400 Q Street, Suite LPE 4800, Sacramento, 95811, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
 Ms. Christine Gogan | Job titleInvestment Director | LocationSacramento, United States | Email  ------ |
| Mr. Christopher Parilo | Job titleInvestment Officer, Real Estate | LocationSacramento, United States | Email -------- |
| Mr. Dan Ahmed | Job titleInvestment Manager, Sustainable Investments | LocationSacramento, United States | Email -------- |
| Mr. David Miller | Job titleChair, Investment Committee | LocationSacramento, United States | Email -------- |
California Public Employees' Retirement System fund commitments
Known fund commitments : 144
| Fund | Manager | Commitment date | Commitment size |
|---|---|---|---|
Manager ----- | Commitment dateJun 2025 | Commitment size$500m | |
Manager ------- | Commitment dateApr 2025 | Commitment size --------- | |
Manager ------ | Commitment dateOct 2025 | Commitment size -------- | |
Stories that mention California Public Employees' Retirement System
Investors still have room for decarbonization strategies
In raising $370m for its first global ‘brown-to-green’ real estate fund, LaSalle has proven there is no time like the present to put sustainability front and center.