The California Public Employees’ Retirement System (CalPERS) and Stanford University School of Engineering have unveiled the Long-Term Investing Fellowship Program (LTIF), which aims to develop the next generation of institutional investors. The programme is a one-year rotation of learning, researching, working, and investing delivered by the two organisations. Stanford Engineering will select and hire graduates from undergraduate and masters’ programmes, who will then design a project and engage in an intensive apprenticeship at CalPERS, before returning to Stanford to present their findings to the next group of incoming fellows. “This unique fellowship will provide a handful of stellar, mission-driven university graduates an opportunity to engage deeply with the world of long-term investing,” said Ashby Monk, Executive Director of the Stanford Research Initiative on Long-Term Investing and programme lead. “The goal will be to create a new pathway for graduating university students to make a difference inside beneficial investment organisations, such as public pension funds, university endowments, charitable foundations and sovereign funds.”
CalPERS and Stanford Engineering Collaborate to Train the Next Generation of Institutional Investors: https://t.co/TZsbVhfW9e. pic.twitter.com/OCtB9YGVlk
— CalPERS (@CalPERS) April 3, 2024
