PensionsMarch 7, 2025

Stanford Launches 2nd Long-Term Investing Fellowship Cohort

The one-year rotational program will see fellows learn, research and work at Stanford and the California Public Employees’ Retirement System.

Reported by Matt Toledo

The Stanford Research Initiative on Long-Term Investing, a division of the university’s school of engineering that studies asset owners and institutional investors, has opened applications for the second cohort of its long-term investing fellowship.

The program aims to teach fellows about the world of institutional investing through research at Stanford University and work experience at the California Public Employees’ Retirement System, the largest public pension fund in the U.S.

Stanford will hire four graduates from undergraduate and master’s programs for the one-year program. Fellows, over the course of one year, will split their time between the university and various teams and rotations at CalPERS.

The first cohort began its work at the SLTIF last year.

“CalPERS is the largest public pension system in the nation, deploying billions of dollars into critical industries such as climate solutions and clean energy, and the SLTIF will provide a unique pathway of deep understanding and opportunity to build a career shaping this industry,” the announcement stated. “This is a chance to go into the heart of one of the largest and best-known public pensions on earth.”

Applications for the cohort opened February 21 and are due by March 31. The program is led by pension and institutional investing academic Ashby Monk, the research director of the Stanford Research Initiative on Long-Term Investing.