California State Teachers' Retirement System

Also known as CalSTRS

Public Pension FundWest Sacramento, United StatesFounded 1913
$350.0B
Assets Under Management
West Sacramento
Headquarters

About California State Teachers' Retirement System

California State Teachers Retirement System's investment portfolio is valued at $346.4 billion as of August 31, 2024, with investments in private equity, real estate, oil and gas, infrastructure, hedge funds, publicly traded equities, fixed-income securities, and cash. As of August 31, 2024, the private equity portfolio was valued at $53.70 billion, representing 15.5% of the total portfolio. This is an increase compared to November 30, 2023, when the private equity portfolio was valued at $50.33 billion. The private equity portfolio is currently overweight compared to the target allocation of 14%. Investment in private equity portfolio includes buyouts, co-investments, private growth equity, private debt, venture capital, distressed debt, and mezzanine funds strategies diversified in geographical locations across the globe. The plan prefers to make partnership investments of $15-500 million and is open to any first-time fund investments. The retirement system's investments are governed by the retirement board, with Mr. Christopher Ailman serving as Chief Investment Officer. Aksia, Bard Consulting, Callan Associates, Cambridge Associates, Colmore, Ernst & Young, Meketa Investment Group, Mercer Investments, StepStone Group Real Estate, Stout Risius Ross, Albourne Partners, Robert Charles Lesser & Company, and Valuation Research Corporation serve as LP Consultants.

Preferred Investment Types

AgricultureBuyoutCo-InvestmentCollateralized Loan Obligation (CLO)Credit Special SituationsDebt - GeneralDirect LendingDistressed DebtGrowth/ExpansionHedge FundInfrastructure - GeneralInfrastructure CoreInfrastructure GreenfieldInfrastructure OpportunisticInfrastructure Value AddedMezzanineOil/GasReal Estate Core

Preferred Geographies

AlabamaAlaskaAmericasArizonaArkansasAsiaAustraliaBay AreaBermudaCaliforniaCanadaChinaColoradoConnecticutDC MetroDelawareDistrict of ColumbiaEast Asia

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Frequently asked questions

What type of investor is California State Teachers' Retirement System?

California State Teachers' Retirement System is a public pension fund based in West Sacramento, United States, managing approximately $350.0B in assets.

Where is California State Teachers' Retirement System headquartered?

California State Teachers' Retirement System is headquartered in West Sacramento, United States.

How much does California State Teachers' Retirement System manage?

California State Teachers' Retirement System manages approximately $350.0B in assets under management.

When was California State Teachers' Retirement System founded?

California State Teachers' Retirement System was founded in 1913.

What does California State Teachers' Retirement System invest in?

California State Teachers' Retirement System focuses on Agriculture, Buyout, Co-Investment, Collateralized Loan Obligation (CLO), Credit Special Situations, Debt - General, Direct Lending, Distressed Debt.

How can I contact California State Teachers' Retirement System?

Verified contact details, key decision-makers, and investment preferences for California State Teachers' Retirement System are available on LPbacked. Create a free account to access them.