mast image

Special Report

Impact investing

Sections

CalPERS shortlists seven for $4.1bn equity fund

Related Categories

US – The $172.5bn (€196.3bn) Californian state public workers’ pension fund, CalPERS, has short-listed seven asset management firms to take care of the fund’s $4.1bn domestic growth equity fund.

The seven firms are Aeltus, Fifth Third Bank, Franklin Templeton, Goldman Sachs Asset Management, INVESCO, New Amsterdam Partners and TCW. CalPERS’s investment committee will select between two and four of the seven to present final selections some time next month.

Last month the fund retained State Street Global Advisors to oversee a $17.6bn (e20bn) international equity index fund. SSgA was chosen from a shortlist of five candidates who responded to a search initiated by CalPERS last October. SSgA has run the mandate, which tracks a customised FTSE index, for thirteen years.

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2540

    Asset class: All/Large Cap Equities.
    Asset region: UK.
    Size: The fund will be added to our guided fund range.
    Closing date: 2019-05-27.

  • QN-2541

    Asset class: Small/Mid-Cap Equities.
    Asset region: Switzerland.
    Size: CHF 130m.
    Closing date: 2019-06-04.

  • QN-2542

    Asset class: All/Large Cap Equities.
    Asset region: Switzerland.
    Size: CHF 130m.
    Closing date: 2019-06-04.

Begin Your Search Here