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calPERS

American  
[kal-purs] / ˈkælˌpɜrs /
Or Calpers
  1. California Public Employees' Retirement System.


Etymology

Origin of calPERS

First recorded in 1990–95

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

But some of these purchasers, particularly Calpers, already owned stakes in the same assets they were buying, giving them an interest in avoiding a markdown of their existing holdings.

From The Wall Street Journal

At Calpers, there was a high degree of overlap—about 70%—between the assets it bought and its existing holdings, people familiar with the matter said.

From The Wall Street Journal

The overlap at Calpers presents a different issue.

From The Wall Street Journal

As of Sept. 30, Calpers held three customized Blue Owl private-credit funds valued at $1.4 billion.

From The Wall Street Journal

In addition, Calpers maintains investment authority over a so-called overflow fund.

From The Wall Street Journal