California Public Employees’ Retirement System (CalPERS) invests with Standard Life Investments

26 March 2013

California Public Employees’ Retirement System (CalPERS) is investing USD $500M with Standard Life Investments as part of its Multi-Asset Class (MAC) Partners Programme.

Please see below a link to a press release on the CalPERS website about the partnership deal.
http://www.calpers.ca.gov/index.jsp?bc=/about/press/pr-2013/mar/mutli-asset.xml

Background information:

With assets under management of £167.7bn ($272.6), Standard Life Investments is one of Europe's major investment houses (31 Dec 2012). Its third party funds under management are £83.0bn ($134.9) at 31 Dec 2012.

Standard Life Investments (USA) Ltd established its office in Boston in April 2002. In 2012 new asset growth was $2.8bn. The team of 55 in Boston includes US and global equity analysts with research and fund management capabilities, a fixed income team managing high yield and investment grade credit, a sales and distribution team, and a private equity team of four.

Standard Life Investments was launched as an investment management company in 1998. It is a wholly owned subsidiary of Standard Life Investments (Holdings) Limited, which in turn is a wholly owned subsidiary of Standard Life plc.

Headquartered in Edinburgh, Standard Life Investments employs 1112 people in a number of locations around the globe including Boston, Hong Kong, London, Beijing, Montreal, Sydney, Dublin, Paris and Seoul. In addition, we have close relationships with leading domestic players in Asia, including HDFC Asset Management in India and Sumitomo Mitsui Trust Bank in Japan.

Office Location Number of staff
Boston 55
Canada 115
Edinburgh 882
London 30
Asia 11
Ireland 4
Sydney 4
Germany 2
Paris 9
Total 1,112