CEO Report | Wednesday, November 19, 2025

California Public Employees Retirement System · November 24, 2025

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Acknowledgments to departing staff

Announcement

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Unidentified Speaker (S1) thanked Arena and Jose Luis for their contributions and partnership with CalPERS and wished Jose Luis well in his next steps.

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Speakers:Unidentified Speaker (S1)

An unnamed CalPERS executive reviewed recent board decisions including adoption of a total portfolio approach to investing, governance check-ins, talent recruiting, climate investing progress (currently ~$60 billion toward a $100 billion goal by 2030), private equity performance and allocations to diverse and emerging managers, and offered staff recognition and Thanksgiving wishes.

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Transcript

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