The Los Angeles billionaire has donated to campaigns of two CalPERS board members and to Davis, and he has employed two board members. CalPERS is investing $760 million with Burkle, a money manager.
California state treasurer; up for reelection in November. Took more than $430,000 in campaign funds from unions in past two years. Has pushed CalPERS to invest in countries meeting social criteria such as having an active labor movement.
Co-founder of Premier Pacific Vineyards, an investment firm specializing in vineyards, in which CalPERS invested $100 million in March. A longtime supporter of Governor Gray Davis, he hosted a $2,500 per head fund-raiser for him in May.