AB 539 (Cooley) – CalSTRS investment procurement

Assembly Bill

Expands the CalSTRS Collaborative Model, an investment strategy to reduce costs, control risks and increase expected returns by managing more assets internally and leveraging external partnerships. Grants the Teachers’ Retirement Board prudent flexibility to contract with investment managers and advisers under policies it adopts.

  • Version: Amended 2/10/2021
  • Sponsor: CalSTRS
  • Location: Senate Floor
  • Board Position: Sponsor

CalSTRS analysis:

As introduced 2/10/2021

For an accessible version of any CalSTRS analysis on this page, contact ADACoordinator@CalSTRS.com.