CalPERS appeals for ‘strong’ GPs in current political climate
California Public Employees’ Retirement System needs “strong” GPs to endure political opposition to climate and sustainability investments, according to CEO Marcie Frost. “We are getting a little more demanding about the capital, making sure that we have more values alignment,” Frost said during a keynote interview at PEI Group’s NEXUS 2026 in Orlando on Tuesday. “We need our GPs to be strong. We need our GPs to withstand the political pressures that they’re getting in addition to the political pressures that CalPERS continues to...
