IHP's History Founders Investors Key Management Investors IHP Capital Partners' investors are: The California Public Employees' Retirement System. CalPERS is the nation's largest public pension fund, administering retirement and health benefits for more than 1.5 million current and retired California public employees and their families. In 1992, CalPERS initiated a Single Family Housing Program, and IHP was among the first companies selected to manage and invest this program's funds. CalPERS is one of the few entities with an investment grade rating of AAA. The Northwestern Mutual Life Insurance Company. Founded in 1857, Northwestern Mutual is a leading provider of life insurance and has more than $100 billion of assets under management. Northwestern Mutual consistently earns the highest possible financial strength ratings from the four major financial ratings services, including a AAA rating from S&P. Pacific Life Insurance Company. Pacific Life was founded in 1868, manages more than $80 billion of assets, and provides life insurance and a variety of investment products to individuals, businesses and pension plans. Pacific Life is rated AA- (very strong) by S&P and A1 (Good) by Moody's for financial strength. ©2010 IHP Capital Partners, All rights reserved.