CalSTRS Scott Chan: Allocating Capital Dynamically Across Public And Private markets

CalSTRS Scott Chan: Allocating Capital Dynamically Across Public And Private markets

Author: Ashby January 8, 2026 Duration: 56:13
Send a text CalSTRS Chief Investment Officer explains why benchmark-led silos are breaking and how CalSTRS is building a “One Fund” Total Portfolio Approach to allocate capital dynamically across public and private markets, as themes like AI and the energy transition cut across everything they do.

Ashby hosts The Don't Get Fired Podcast by Stanford Long-Term Investing, a series of conversations that gets into the real challenges facing institutional investors. Each episode features Ashby Monk and Daniel Adamson in discussion with investment professionals who manage large, long-term portfolios. The focus isn't on market predictions or quick tips, but on the difficult, often risky work of innovation within complex organizations. These guests share firsthand accounts of the major changes they've implemented-the strategies that worked, the hurdles they faced, and how they navigated internal politics to see their ideas through. This podcast provides a rare look at the practical side of steering capital toward future returns while also aiming to create positive impact. It’s for anyone curious about the mechanics and leadership behind pension funds, endowments, and sovereign wealth funds. You’ll hear frank stories about transforming investment approaches from the inside, offering lessons on managing change and ambition in a field where playing it safe is often the default. The dialogue is built on the premise that the world needs these institutions to evolve, and these conversations explore exactly how that can be done successfully.
Author: Language: en-us Episodes: 23

The Don't Get Fired Podcast by Stanford Long-Term Investing
Podcast Episodes
CalSTRS Christopher Ailman: Pioneering a Range of Innovation Programs [not-audio_url] [/not-audio_url]

Duration: 43:16
Send a text After 24 years as Chief Investment Officer of the California State Teachers’ Retirement System, Chris shares his reflections (just days before he retires) on a remarkable career bringing innovation to public…
PPF's Barry Kenneth: Bold Moves, Big Returns, Bigger Mandate [not-audio_url] [/not-audio_url]

Duration: 33:54
Send a text The Chief Investment Officer of the UK's ~$48B Pension Protection Fund offers details on the fund's dynamic capabilities, which has driven significant over-funding and a recent expansion of the fund's mandate…
REST's Simon Esposito: To $750M in Impact Investments and Beyond! [not-audio_url] [/not-audio_url]

Duration: 35:15
Send a text The Deputy-Chief Investment Officer of Australia's Retail Employees Superannuation Trust (REST) offers details on the process by which REST designed, approved, and began implementing its new 1% allocation, or…
NYC BERS' Sanford Rich: Reinventing ALM via Academic Partnership [not-audio_url] [/not-audio_url]

Duration: 36:18
Send a text The Executive Director of New York City's Board of Education Retirement System reflects on his plan's 101-year path to reinventing asset-liability modeling via a unique partnership with academic researchers.