# California State Teachers' Retirement System

California State Teachers' Retirement System is a Pension Fund based in West Sacramento, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** West Sacramento, United States
- **Region:** North America
- **Address:** 100 Waterfront Place, West Sacramento, CA, United States
- **Founded:** 1913
- **Assets under management:** 349700 (Altss estimate)
- **Website:** www.calstrs.com
- **LinkedIn:** https://www.linkedin.com/company/calstrs

## Regulatory record

- **Reports private funds:** No

## About

CalSTRS is the California State Teachers' Retirement System and the largest educator-only pension fund in the world. It began in 1913 and provides retirement, disability, and survivor benefits for California's public school educators and their families. CalSTRS administers a hybrid retirement system that includes defined benefit, cash balance, and voluntary defined contribution plans.

## Sectors

- Private Equity
- Real Estate
- Infrastructure

## People

- Cassandra Lichnock — Chief Executive Officer
- Scott Chan — Chief Investment Officer

## Questions

### Who runs investment decisions at CalSTRS?

Scott Chan serves as Chief Investment Officer. Cassandra Lichnock serves as Chief Executive Officer. Both roles are documented in the firm's relationship records.

### Does CalSTRS participate in fund commitments or only direct deals?

CalSTRS commits to funds and executes co-investments. Confirmed holdings include commitments to Blackstone funds and KKR funds alongside direct joint ventures in real estate.

### What asset classes does CalSTRS target?

The fund targets private equity at 15.41% current allocation, real estate through multiple joint ventures, and public equities with large positions in NVIDIA, Apple, and Microsoft.

### Which geographies does CalSTRS invest in?

CalSTRS invests in North America and Asia. Portfolio holdings include U.S. real estate joint ventures and commitments to Blackstone Asia III.

### How is CalSTRS related to CalPERS?

CalSTRS and CalPERS co-invest and co-host industry forums. The relationship is listed as a business partnership in the firm's records.

### Does CalSTRS maintain ESG or climate commitments?

CalSTRS is a signatory to the Principles for Responsible Investment and a participant in Climate Action 100+. Kirsty Jenkinson serves on the board of Ceres.

### What service providers support CalSTRS operations?

State Street Bank & Trust acts as master custodian. Meketa Investment Group has served as investment consultant since 2013. RCLCO Fund Advisors provides real estate consulting since 2023.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/california-state-teachers-retirement-system-calstrs

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