Douglas Chen, Cfa Email & Phone Number

San Francisco, California, United States

•Lead oversight of CalSTRS sustainable public equity portfolio including portfolio construction and development of portfolio monitoring processes•Provide leadership and due diligence in sourcing and evaluating sustainable public equity investment opportunities•Evaluate and negotiate terms and economic characteristics of investment agreements•Serve as middle-office liaison for portfolio operations, risk and cash management•Analyze and prepare reports on portfolio composition, risk profile and performance for strategy recommendations and implementation•Contribute to the development and implementation of the sustainable investment team's business plan across investments (public and private), stewardship (corporate governance), and strategic relations•Supervise staff and participate in staff recruitment, training, and performance management

Sacramento, California Area

•Assist in the development and implementation of CalPERS corporate engagement initiatives including screening, valuation, selection, engagement strategy, and reporting•Research and present company selection and investment recommendations for CalPERS internal activist portfolio•Monitor and engage with companies and CalPERS external activist managers in alignment with CalPERS Investment Beliefs, Investment Policy, and Global Governance Principles•Assist in the preparation of board agenda items on CalPERS Global Governance division’s activities•Perform financial analysis and equity valuation for other work streams as needed, such as an analysis of dissident plans in proxy contests and equity valuations for secondary sales•Conduct general research on topics such as executive compensation and capital allocation to update or develop related CalPERS principles and policies

Sacramento, California Area

•Plan, organize and conduct studies on various municipal debt related topics such as debt issuance trends•Write instructive or educational articles for publication and for use in seminar development, such as an overview of terminology and mechanics of public agency defined benefit pension plans•Research and prepare responses to inquiries to CDIAC from Commission members, members of the legislature, and other public and private organizations

Sacramento, California Area

•Assist in the issuance of municipal bonds including debt structuring, pricing, and document due diligence•Analyze interim project loan requests and present staff recommendations to the Pooled Money Investment Board•Model future debt issuance to supply projections for the state budget and the Treasurer's annual disclosure report•Provide monthly bill analysis for project appropriations•Reconcile Guaranteed Investment Contract cash flow activity and monitor compliance