The California State Teachers’ Retirement System (CalSTRS) has appointed Nick Abel as sustainable investment and stewardship strategies (SISS) investment director.
Abel brings more than a decade of global experience in investing as an allocator, asset manager and consultant to the position, leading investment teams for both CalSTRS and private investment firms. Before joining CalSTRS in 2020, Abel held positions at private sector firms such as Wespath Investment Management, RVK and Saturna Capital.
In his new role, Abel will lead and manage the SISS team; direct the SISS portfolio across global private asset investments that deliver financial performance and provide climate solutions; lead sustainability-related collaboration with CalSTRS private-market asset classes; oversee proxy voting activities in alignment with CalSTRS’ Corporate Governance Principles and engagement with corporations and public policy makers on CalSTRS Stewardship Priorities; and guide the Te