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CalPERS – Global Fixed Income (GFI) – Managing Investment Director

AAAIM
San Francisco, CA Full Time
POSTED ON 4/25/2026
AVAILABLE BEFORE 5/23/2026
Feb 20, 2026 | Careers

Position Summary

California Public Employees’ Retirement System (CalPERS) is a global institutional investor and the nation’s largest public pension fund. Headquartered in downtown Sacramento, CalPERS is situated in close proximity to the Napa Valley, San Francisco, Lake Tahoe, and other desirable destinations in California. Our people are deeply committed to our core values, and their decisions and actions are guided by our investment beliefs. If you thrive in a fast-paced, challenging, and rewarding environment where diversity in perspective and experience is valued, this may be the right opportunity for you.

Our Global Fixed Income (GFI) group is currently seeking a Managing Investment Director to oversee the entire GFI team, including functions such as research, portfolio management, trading activity, and drive our CalPERS mission.

Department Information

California Public Employees’ Retirement System (CalPERS) is a global institutional investor and the nation’s largest public pension fund, with assets of approximately $611.38 billion as of February 11, 2026. Headquartered in downtown Sacramento, we are a destination employer with an international reputation for leadership and innovation. At CalPERS, we’re committed to people – the people we serve, our team members, and the larger community around us. CalPERS is situated near the Napa Valley, San Francisco, Lake Tahoe, and other desirable destinations, and we offer competitive benefit packages, compensation, and opportunities for advancement. Our people are deeply committed to our Mission & Vision and their decisions and actions are guided by our Investment Beliefs.

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POSITION DETAILS

Salary.com Estimation for CalPERS – Global Fixed Income (GFI) – Managing Investment Director in San Francisco, CA
$229,081 to $281,445
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