Marcie Frost: The Woman Running Half a Trillion Dollars

In this episode of The Blunt Dollar, we sit down with Marcie Frost, CEO of CalPERS, the largest public pension fund in the U.S., managing over $500 billion in assets for more than 2 million public sector workers.

From a childhood marked by poverty to the pinnacle of public finance, Marcie’s journey is a masterclass in grit, purpose, and principled leadership. She opens up about the personal experiences that shaped her view of retirement security and the operational pressures of leading a fund under constant political and media scrutiny.

We cover a wide range of topics, including the future of public pensions, the impact of AI, and how to lead with clarity under pressure.

🔹 From food banks to a finance titan: Marcie's remarkable rise without a college degree
🔹 What it takes to lead CalPERS: Balancing fiduciary duty, politics, and performance
🔹 Inside the $100B climate strategy: Myth-busting ESG misconceptions and redefining impact
🔹 The Pathways initiative: Empowering women to step into leadership with confidence
🔹 AI at CalPERS: How the fund is embracing tech without compromising its human touch

If you like stories of bold leadership, sustainable investing, and what it really takes to manage generational capital at scale, this one's for you.

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Enjoy the episode!

Disclaimer: This podcast is for informational and educational purposes only. It does not constitute financial, investment, or legal advice. Listeners should consult a qualified financial professional before making any financial decisions.