Clinton L. Stevenson joined CalPERS as Director for Investment Manager Engagement Programs in March 2017 and brings more than 35 years of experience to his position. He leads total fund initiatives across all of CalPERS' asset classes, including the External Manager Monitoring and Evaluation Program, Emerging and Transition Manager Programs, responsible contracting, California investment initiatives, and diversity and inclusion efforts. Clinton previously worked for 30 years at the Ford Foundation where, as the director of Investment Administration, he pioneered the foundation's investments in U.S. and non-U.S. small capitalization stocks, emerging market equity, emerging market debt, and private real estate. He also directed the foundation’s investment operations and proxy voting. In addition, he founded a firm that advised not-for-profit institutions on the structure, management, and governance of their investment programs. Clinton earned a bachelor’s degree from Coe College in Cedar Rapids, Iowa, with a double major in mathematics and economics. He received an MBA from the Stanford University Graduate School of Business and an M.A. from Stanford University’s doctoral program in economics.