Newsmakers
CalPERS Hires June Kim Away From CalSTRS as Deputy CIO for Public Markets
Kim will make the move on December 1 and take the spot previously held by Dan Bienvenue, who left in April.
Tag: CalSTRS
Manager Selection
CalSTRS Forms Climate Co-Investment Partnership With Carlyle Alpinvest
The California State Teachers’ Retirement System will broaden its access to private equity managers investing in climate solution opportunities.
Newsmakers
CaLSTRS’ Scott Chan Appointed to FCLTGlobal Board
The long-term-investing-focused nonprofit added multiple senior members to its board.
Asset Allocation
NBIM Acquires NYC Office Tower for $542.6 Million From CalSTRS, Silverstein
Norges Bank Investment Management will own 95% of 1177 Avenue of the Americas.
Newsmakers
CalSTRS Names Senior Investment Director for Private Markets, Sustainable Investments, Stewardship
Kirsty Jenkinson, who was promoted to the roles, joined the California pension fund in 2019 as director of SISS.
Pensions
CalSTRS Achieves 8.5% Return for Fiscal 2024-25
Assets of the California State Teachers’ Retirement System rose to $367.7 billion.
Manager Selection
CalSTRS Invests in ABS Global Investments’ Emerging Markets Platform
The $3.7 billion strategy works with local specialists to target stocks in emerging market countries and regions.
Manager Selection
CalSTRS Chooses Nuveen for $150M Self-Storage Mandate
A new commitment from the California teachers’ pension fund’s $46 billion real estate portfolio was announced.
Manager Selection
CalPERS, CalSTRS to Host Emerging, Diverse Managers Conference
The two-day forum will be held in Sacramento in May.
Asset Allocation
CalSTRS Achieves 7.7% Return in 2024, Assets Reach $349.7B
Returns for the California State Teachers’ Retirement System were boosted by equities.
Manager Selection
New York Common Leads All US Public Pension Funds in Commitments to Diverse Firms
An NAIC report also found corporate pensions and union funds ‘lag significantly’ behind public pensions in hiring diverse managers.
Pensions
CalSTRS to Review General Investment Consultant RFP
Current consultant Meketa’s contract with the California teachers’ pension will end on June 30.
Asset Allocation
CalSTRS Flexes Co-Investing Muscles
The $346.5 billion California teachers’ pension fund addressed leverage in its private equity policy with an eye toward expanding its co-investments and collaborative strategies portfolio.
Newsmakers
CalSTRS Promotes 2 to Investment Director
Rosie Lucchesini-Jack and David Murphy were appointed as directors of fixed income and global equity, respectively.
pensions
Where CalSTRS’ Scott Chan Sees Opportunities
The California teachers’ new investment chief discusses returns, AI and future opportunities for the fund.