A Q&A with CalPERS Chief Investment Officer Stephen Gilmore on how Total Portfolio Management could strengthen the retirement system.

CalPERS CIO Stephen Gilmore has been on the job for two months, but he is already making a few adjustments. One tweak could be his emphasis regarding private markets co-investments. At the Sept. 16 ...

Calpers, which oversees the pensions of public workers in California, is one of the biggest investors in private equity funds ...

CalPERS Chief Investment Officer Stephen Gilmore discussed the Total Portfolio Approach and its benefits to employees on the deck outside his office in Sacramento on Nov. 10, 2025.