CalPERS Announces Estimated 11.6% Rate of Return for Retirement Fund

CalPERS announces estimated 11.6% rate of return for retirement fund

The CalPERS building in Sacramento. (Photo courtesy of CalPERS) The California Public Employees’ Retirement System, CalPERS, announced a preliminary investment return of 11.6%  for the 2024-2025 fiscal year. The system has not yet released the financial report for the fiscal year that ended June 30, but it did announce a preliminary net return rate. The 11.6% investment return would bring assets managed by the California Public Employees’ Retire…

How California pensioners pulled one over on Yale’s investors

The ScoopCalifornia retirees just picked the pocket of one of the smartest investors on Wall Street.When Yale’s $41 billion endowment sold billions of dollars of stakes in private investment funds last month, the usual players lined up to split the spoils: Blackstone, HarbourVest, Pantheon. A quiet winner, though, was California’s $556 billion state-employee pension, which bought about $550 million of Yale’s assets at just under 90 cents on the …

CalPERS recovers from tariff plunge and notches a big investment gain

California's biggest pension fund and markets around the world learned to live with President Trump's tariff threats. CalPERS gained 11.6% on investments in 2024-25.

Logon Opalesque Alternative Market Briefing

Calpers pushes further into private equity after best results in four years From FT: Calpers, the largest public pension fund in the US, has signalled an appetite for more exposure to private equity despite concerns that these assets could expose retirees to too much risk. Stephen Gilmore, chief... Article link