Mr. Rice is a Portfolio Manager in the CalSTRS Corporate Governance Department and has been working in the governance group at CalSTRS for over 15 years.   His main areas of focus are integrating sustainability considerations into CalSTRS investment processes and overseeing the CalSTRS sustainable manager portfolio, a $1 billion externally managed public equity strategy that employs fund managers incorporating environmental, social and governance (ESG) factors into their investment portfolio construction and management.

Mr. Rice also leads CalSTRS sustainability related engagement efforts and is the staff lead for the CalSTRS Green Initiative Task Force, a multi asset class team charged with identifying, implementing and reporting on environmental investment opportunities and risk management strategies.

Mr. Rice serves on the Advisory Board of the Climate Bonds Initiative and the Strategic Investor Initiative. Mr. Rice received an MBA from the U.C. Davis Graduate School of Management and a bachelor’s degree in Economics-Business from U.C.L.A.