CalPERS MDP

Founded in 1999, Golden offers quantitative, domestic equity strategies to institutions and high net worth individuals. Golden’s core and focused equity strategies are built on a discipline of risk-controlled active management. Strategic/CalPERS have exited their equity ownership interest although they may retain residual contingent revenue participation or payment interests.

Established in 1991, Pyrford provides international asset management to institutional and high net worth clients. Pyrford's regional and international equity portfolios reflect the firm's value-driven absolute return approach. At the stock level, Pyrford seeks to identify companies that are attractively valued relative to their potential long-term earnings growth, while at the country level, Pyrford seeks to overweight countries that provide value relative to their long-term prospects. Strategic/CalPERS have exited their equity ownership interest although they may retain residual contingent revenue participation or payment interests.

Founded in 1991, LM utilizes a long-term macroeconomic, fundamental investment approach to assemble concentrated fixed income portfolios. LM's investment process incorporates "Global Scenario Planning," a structured, team-based methodology that helps to identify the most attractive environments for investment and serves as a risk management tool.

Established in 1998, Rigel manages large cap and small-mid cap U.S. equity strategies for institutional and high net worth clients. Rigel's strategy is growth-oriented, combining fundamental analysis and price-volume analytics with a focus on limiting absolute risk.