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CalPERS Gets An 'A' Grade

FoiALTS uploaded the CalPERS ESG/PRI documents which will be presented at its monthly board meeting this week (Jan 16-18).

Back in March 2007, The California Public Employees Retirement System (CalPERS) became one of the original signatories to the Principles for Responsible Investment (PRI). 32 Institutional investors, representing over $2trillion of AUM, formally signed up to the principles.

CalPERS is a large allocator to private equity, and in its 2017 assessment, received an ‘A’ rating for it’s private equity book (it received an ‘A’ or higher for all of its allocations apart from its fixed income – securitised book) from the PRI.

Take a look at the presentation here