CalSTRS Chief Investment Officer Honored as an Investor in Education
Christopher J. Ailman receives prestigious recognition from the Neighborhood Youth Association of Los Angeles
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System proudly announced today that its Chief Investment Officer, Christopher J. Ailman, has been recognized as one of this year’s Investors in Education by the Neighborhood Youth Association (NYA) of Los Angeles.
The 110-year-old non-profit organization provides targeted, individualized academic support, leadership development, STEM (science, technology, engineering, math) learning activities, creative writing and arts enrichment, and college readiness mentoring and scholarships for at risk children, ages 6 to 18. Honorees were celebrated Monday, November 7, at the California Club in Los Angeles.
“I am honored and humbled to be recognized by such a distinguished organization that has helped thousands of young people break the cycle of poverty by providing opportunity to bright, dedicated and hard-working young people,” said CalSTRS Chief Investment Officer Christopher J. Ailman. “The NYA provides a pipeline of support from elementary school through college for more than 150 children each year, who may not have otherwise had the opportunity to succeed and thrive. Being the 20th-year recipient of this honor is especially gratifying.”
“I am honored and humbled to be recognized by such a distinguished organization that has helped thousands of young people break the cycle of poverty by providing opportunity to bright, dedicated and hard-working young people.”
Christopher J. Ailman
Chief Investment Officer
“For over 100 years the Neighborhood Youth Association (NYA) has played a critical role in helping at risk children achieve their personal best. Through their after-school mentoring and leadership programs, the NYA children have achieved a 100 percent high school graduation rate and 100 percent matriculation to post-secondary education,” said NYA Co-Chair Joe Silver, from EdgeLine Capital Partners. “To help support the great work by the NYA, the institutional investment community gathers once per year to honor investment professionals who represent the best in our business. These individuals are leaders in their respective roles, and serve as great role models for the NYA children.”
Mr. Ailman and CalSTRS are being recognized for the support the pension system provides to close to 900,000 of California’s K-12 and community college educators, who also play a vital and significant role in preparing young people for higher education success.
“Study after study tells us that education is the key to lifting a person out of poverty’s insidious grip,” Mr. Ailman said. “We are proud to be part of a forward-thinking system that supports those who dedicate their lives to imparting valuable and life-changing education to our children, as their diversity and ingenuity directly enriches every facet of our society.”
The California State Teachers’ Retirement System, with a portfolio valued at $193.1 billion as of September 30, 2016, is the largest educator-only pension fund in the world. CalSTRS administers a hybrid retirement system, consisting of traditional defined benefit, cash balance and voluntary defined contribution plans. CalSTRS also provides disability and survivor benefits. CalSTRS serves California’s 896,000 public school educators and their families from the state’s 1,700 school districts, county offices of education and community college districts.
See how CalSTRS demonstrates its strong commitment to long-term corporate sustainability principles in its annual Global Reporting Initiative sustainability report: Fostering a Secure Future.