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Author Topic: [2016-09-04] California Pension Fund Considers Blockchain Opportunities  (Read 134 times)
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September 04, 2016, 06:58:37 AM

Board members of the California Public Employees' Retirement System (CalPERS) recently took part in a discussion on blockchain technology as part of a broader conversation about future investment opportunities.

The meeting is notable given the size of CalPERS, which manages just over $300bn in assets, making it the largest public pension fund of its kind in the US.

As previously reported by journalist Brian Cohen, the meeting (which took place in late July) featured a presentation by Jesse McWaters of the World Economic Forum. McWaters provided an expansive look at the current pace of development around the blockchain and FinTech, followed by a question-and-answer session from attendees.

Interestingly, CalPERS itself already has some exposure to the bitcoin and blockchain industry, albeit indirectly.

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