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  • Richard S. Costigan, III
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Richard S. Costigan, III

Costigan_Richard_New-Bio-Template-730-x-730_v2

Special Counsel

Government and Regulatory
Contact
  • rcostigan@manatt.com
  • Phone: 916.552.2370
  • Download vCard
  • Sacramento
Bar Admissions
  • Florida

    Georgia

Education
  • Cumberland School of Law, Samford University, Birmingham, Ala., J.D., 1991

    The University of Georgia, B.A., 1988

Services
  • California State Government and Regulatory Policy and Government Contracts
  • Cannabis and CBD
  • Government and Regulatory
  • Profile
  • Speaking Engagements
  • Honors & Awards
  • Memberships
Profile

Profile

A recognized political and policy strategist and advocate in California for more than two decades, Richard Costigan brings unique insight and practical experience from the public and private sectors.

Richard has worked extensively in the executive and legislative branches of California state government. He served as legislative affairs secretary and deputy chief of staff to Governor Arnold Schwarzenegger, chief of staff to two minority leaders in the California State Assembly, caucus policy director, and budget and appropriations consultant.

Throughout Richard’s career, he has led complex organizations and worked in highly visible environments. Having been involved in some of the most important policy and regulatory issues of the last 20 years, he advises CEOs and senior executives on the intricacies of California’s laws. He also counsels political leaders and candidates.

Richard advises Fortune 100 clients across all sectors on issues such as politics, policy, regulatory matters, technology and procurement, healthcare, climate change, clean tech and renewable energy, infrastructure and development, bonds, and financing issues.

For nearly a decade, Richard has served on the State Personnel Board, overseeing the state’s merit system. He has decided thousands of personnel cases involving complex legal issues. He has also worked on the reform of state government, California civil state and merit system processes, the creation of job classifications, employee personnel actions, and whistle-blower actions.

Since 2011, Richard has served on the board of CalPERS, the largest public pension fund in North America. As chair of the finance and administration committee, he oversees the $1.7 billion operating budget; 2,800 positions; setting of the fund’s discount rate; risk management; liquidity and treasury management; and other financial issues.

As chair of the finance and administration committee and member of CalPERS’ Investment Committee, Richard works on best practices and strategies, asset allocation, pension obligations, board management, shareholder responsibilities, healthcare funding and benefits.

Prior to his career in California, Richard practiced law in Georgia.

Speaking Engagements

Speaking Engagements

Panelist, “Post Election Political Overview and the Potential Impact on Investment,” ACG 2017 West Coast M&A Conference, March 2, 2017.

Speaker, “Paris Climate Change Agreement and the Implication for Institutional Investors,” Global Economic Forum, April 15, 2016.

Panelist, Northern California Board of Directors Meeting for the Information Technology Industry Council (ITI), October 22, 2013.

Honors & Awards

Honors & Awards

Richard has been recognized for his legislative service and experience with resolutions from California Assembly Speaker Robert M. Hertzberg, Assembly Republican leaders Dave Cox, Bill Campbell, Rod Pacheco, Bill Leonard and Scott Baugh, as well as Senate Republican leader Jim Brulte, during their terms of office. He also received a commendation from Governor Gray Davis.

In 2001 Richard was chosen by the East-West Foundation as one of four Americans to participate in a cross-cultural program with over 10 Asian countries.

Memberships

Memberships

Admitted to practice in Florida and Georgia

Member, Executive Committee and Board of Directors of the California Museum for Women, Arts & History

Chair, Placer County, Civil Service Commission (1996-2003)

Member, Board of Directors, USC School of Public Policy, Sacramento

Member, Northern California Georgia Alumni Club

Richard in the News

  • 11.21.18

    Newsom Administration to Fill Thousands of Jobs

    Manatt’s Richard Costigan, a senior director of State & G...

  • 12.17.10

    Manatt Senior Director Joins CalPERS Board

    Manatt’s Richard S. Costigan, III, a senior director of State & Government Affairs based in the firm’s Sacramento, CA office, has ...



Richard's Articles

  • 02.15.17

    Criticism of CalPERS Is Often Misplaced

    If you didn’t know any better, you’d think CalPERS is the source of all California’s ills: higher taxes, bankrupt cities, reduced ...



Richard's Newsletters

  • 06.09.22

    California's 2022 Primary Results and Takeaways

    California’s June top-two primary is when California voters choose their two favorites for state offices.

  • 03.22.21

    California State Agency COVID-19 Guidance

    To support our clients during the COVID-19 pandemic, we provide below links to the Governor’s Executive Orders and California County ...

  • 02.16.21

    California Executive Orders and Guidance

    To support our clients during the COVID-19 pandemic, we provide below links to the Governor’s Executive Orders and California County ...

  • 02.16.21

    California Telehealth Guidance

    To support our clients during the COVID-19 pandemic, we provide below links to the Governor’s Executive Orders and California County ...

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Richard's Events and Webinars

  • 12.11.18

    The Votes Are In—Now What?

    The November election is over. But the outcome will resonate far beyond 2018. As the new Congress, Governor-elect Newsom and the new California ...



  • 05.31.18

    Manatt Energy Forum 2018—A Time of Conflict: Battleground Over Clean ...

    The Manatt Energy Forum will be held at the beautiful Cavallo Point in Sausalito, CA, on Thursday, May 31, and Friday, June 1, 2018. The Energy ...



  • 03.02.17

    ACG 2017 West Coast M&A Conference

    The ACG 2017 West Coast M&A Conference will bring together private equity professionals, investment bankers, attorneys, accountants, lenders and ...



  • 02.03.15

    Conversations at Manatt, An Insider's View: How Political Change May ...

    Manatt is proud to host “Conversations at Manatt, An Insider's View: How Political Change May Affect Your Business in 2015 and ...



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