What Happened?
Sacramento, CA-based California Public Employees Retirement System has Appointed Matthew Jacobs as General Counsel
About the Company
For more than eight decades, CalPERS has built retirement and health security for state, school, and public agency members who invest their lifework in public service. Our pension fund serves more than 1.7 million members in the CalPERS retirement system and administers benefits for nearly 1.4 million members and their families in our health program, making us the largest defined-benefit public pension in the U.S. CalPERS` total fund market value currently stands at approximately $308 billion.
About the Person
Matthew Jacobs comes to CalPERS from DLA Piper, where he is a partner in its litigation practice. Prior to DLA Piper, he served in private and public sector law practices, including positions with the Department of Justice in Washington, D.C., the U.S. Attorney’s Office in Sacramento and a large law firm in San Francisco. He has repeatedly been acknowledged as a California Super Lawyer and The National Law Journal recognized his $30 million jury verdict as one of the top 100 verdicts in 2011. As General Counsel, Jacobs will be responsible for the strategic direction and oversight of the CalPERS Legal Office and Office of Audit Services. He will provide legal advice and counsel to CalPERS, including the CalPERS Board of Administration and its committees, the Chief Executive Officer and other executive and senior management staff. Jacobs earned his bachelor’s degree from the University of California, Berkeley, and Juris Doctor degree from the University of Michigan Law School. He is a member of the State Bar of California. Jacobs will report to the Chief Executive Officer and start within a few weeks.
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