State pension funds managing over a trillion dollars in combined retirement assets have adopted Responsible Workforce Management policies to help drive value and manage risk in their private equity portfolios, including New York State Common Retirement Fund, Maryland State Retirement & Pension System, Massachusetts Pension Reserves Investment Management, Illinois State Board of Investment, and California Public Employees Retirement System (whose policy covers its full portfolio, including private equity).
The below graphic illustrates a subset of 15 firms that are covered by one or more of the workforce management policies adopted, meaning these firms should already be adhering to the principles.
The below list includes over 250 private equity firms subject to the labor principles adopted by the above pension funds:
