New Jersey’s new investment chief may beef up alternatives team

By Steve Gelsi — 5 years ago

New Jersey Treasurer Andrew Sidamon-Eristoff has named Christopher McDonough as director of the Garden State’s division of investment to lead a team that overseas $87 billion in assets, including private equity investments. “We do hope to expand our alternative investment team in the coming months and private equity will be an area of focus,” McDonough […]

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Canadian Pension Plan names Ed Cass chief investment strategist

By Reuters News — 5 years ago

The Canada Pension Plan Investment Board (CPPIB) named Ed Cass as its new chief investment strategist and a member of its senior management team on Feb 6, giving him responsibility for the overall investment strategy of the massive pension fund. Cass, currently head of global tactical asset allocation in the pension fund’s public market investments […]

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Oregon Treasury creates new head of alternatives role: UPDATED

By Chris Witkowsky — 5 years ago

Oregon State Treasury’s long-time private equity guru, Jay Fewel, announced his intention to retire back in early December, and the industry has been anticipating who would rise to the helm of the state’s large and very mature program, sister news service peHUB reported. The Treasury has now provided the answer, and it’s not as simple […]

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Five questions with Marek Herchel, Partner, AlpInvest

By Steve Gelsi — 5 years ago

Buyouts sat down with Marek Herchel, partner at AlpInvest, to discuss its more than $4.2 billion secondary program, among other topics 1: AlpInvest announced some news on its sizeable secondary program, with more than $4.2 billion. What’s the reason behind this stronger interest in a category? Weren’t secondaries sort of out of favor a few […]

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Pennsylvania State Employee’s Retirement System CIO resigns

By Chris Witkowsky — 5 years ago

The chief investment officer of the Pennsylvania State Employees’ Retirement System, one of the oldest and most prolific public system limited partners in the private equity industry, has resigned effective Dec. 31, sister news service peHUB reported. Anthony Clark, who took over the role in 2011,  had been locked out of his office and pushed […]

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Harvard taps investment arm veteran to oversee private equity

By Staff Report — 5 years ago

Harvard Management Company, which manages the Ivy League school’s $32.7 billion endowment, said it promoted Lane MacDonald to oversee its private equity investments, sister news service Reuters reported. MacDonald, a star hockey player during his undergraduate days at Harvard College, joined the school’s investment unit in 2008 and most recently oversaw investments with external managers […]

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AlpInvest Partners’ Scott Hamner to leave firm

By Luisa Beltran — 5 years ago

AlpInvest Partners has suffered another departure, sister publication peHUB reported. Scott Hamner, a partner in AlpInvest’s investment solutions team, is leaving, a Carlyle Group spokesman confirmed. Hamner said in an email Tuesday that it was “his decision” to leave AlpInvest at the end of September to “dedicate my full energy and attention to our three […]

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CalSTRS Executive Dies At Age 45 After Bicycle Accident

By Steve Gelsi — 5 years ago

David Castillo, 45, co-director of global equity for the California State Teachers’ Retirement System, died on July 7 from injuries sustained in a bicycle accident, according to the $166 billion public pension fund. Castillo was hurt on June 29 while riding his bicycle in El Dorado Hills, Calif. He regularly rode his bike 30 miles […]

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CIO Of Pennsylvania PSERS, Friend Of PE, To Step Down

By Staff Report — 6 years ago

Alan Van Noord, who has directed investments for the Pennsylvania Public School Employees’ Retirement System for more than a decade, has decided to retire in June. He will be replaced on an interim basis by James Grossman, Jr., deputy chief investment officer. Van Noord’s retirement is the latest in a string of changes at the […]

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CalPERS Taps CFO To Guard Against Risks

By Staff Report — 6 years ago

With the appointment of Cheryl Eason as its new chief financial officer, the $243 billion California Public Employees Retirement System has installed a final brick in its efforts to fortify the giant pension against risks such as financial crises and pay-to-play scandals. Eason is the first person to occupy the chief financial officer role at […]

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Oregon Taps Skjervem As New CIO

By Staff Report — 6 years ago

After a year-long search, Oregon’s Treasury named John Skjervem as the chief investment officer for the state’s main pension funds, which collectively manage $74 billion in assets. Skjervem replaces Ronald Schmitz, who announced last September that he was leaving to be the chief investment officer for the $53 billion Virginia Retirement System. Skjervem will start […]

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New CIO Tapped At N.Y. Common, No. 3 Pension: Updated

By Staff Report — 6 years ago

Vicki Fuller, an executive at Alliance Bernstein, was tapped to be chief investment officer of the $150 billion New York State Common Retirement Fund, the nation’s third largest pension fund. She is due to start on Aug. 30, and her annual salary for running a pool of money larger than the annual output of New […]

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Chief Of Colorado PERA To Step Down

By Staff Report — 7 years ago

Meredith Williams, the executive director of Colorado’s $39 billion pension system, will step down at the end of June after 12 years in the role, according to a pension spokeswoman. The Colorado Public Employees’ Retirement Association’s board will next meet on April 18 to discuss next steps, but has yet to name an interim chief. Williams […]

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Christine Pastore, New Jersey’s Innovative PE Chief, Steps Down

By Staff Report — 7 years ago

Christine Pastore, who helped lead the $70 billion New Jersey pension system’s intrepid expansion into alternative assets, decided to step down on March 30 after seven years in the job. A spokesman for the New Jersey Division of Investment, Andrew Pratt, said the decision was her own and that the agency would have liked her […]

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New Jersey’s Tim Walsh: “I Get Paid To Worry”

By Staff Report — 7 years ago

When you’re responsible for management $74.7 billion in assets, as well as the retirement money for 800,000 people, stakes are high. And Tim Walsh, who signed up one year ago to be New Jersey’s chief investment officer, knows that a lot is riding on him. New Jersey sits at the nexus of the national debate […]

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Florida SBA’s Chief of PE Departs

By Staff Report — 7 years ago

In the second major departure of a pension private equity chief this week, Jim Treanor has decided to decamp from the $159 billion Florida State Board of Administration, where he has overseen the state’s private equity portfolio since 2004. Treanor, who will leave his post on August 3rd, has been with Florida’s pension system 11 […]

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