Fri, Oct 9, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

CalPERS launches search for Chief Investment Officer

Tuesday, May 13, 2014
Opalesque Industry Update - The California Public Employees' Retirement System (CalPERS) seeks an experienced investment professional for the role of Chief Investment Officer (CIO) to lead and manage its 400-plus person Investment Office, which invests CalPERS $285 billion in assets across a diversified global portfolio in public and private equity, fixed income, real estate and inflation-linked assets.

The CIO is responsible for developing prudent, forward-thinking investment strategies in accordance with CalPERS fiduciary responsibilities, policies and corporate governance standards. The CalPERS CIO is a leader within the CalPERS organization, in the investment and public pension industries and before various regulatory and governmental bodies.

The person in this position must be a strategic investment thinker, demonstrate a deep understanding of asset allocation, have a strong commitment to prudent risk management and be an outstanding leader for a dynamic team of investment professionals.

CalPERS retained the recruitment firm of Korn/Ferry International to conduct the global search. Interested applicants may contact:

Korn/Ferry International

C/O Michael Kennedy, Senior Client Partner

1201 West Peachtree, NW, Suite 2500

Atlanta, GA 30309

A full description of the CIO opportunity, including desirable characteristics and specific qualifications of applicants, will be available May 27, 2014, on the CalPERS website.

CalPERS is the largest public pension fund in the U.S., with more than $285 billion in assets. CalPERS administers health and retirement benefits on behalf of 3,064 public school, local agency and State employers. There are more than 1.6 million members in the CalPERS retirement system and more than 1.3 million in its health plans. For more information about CalPERS, visit


Press Release

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  2. Manager Profile - Pimco alternative funds flourish as 30-year bond rally fades[more]

    From Inside Pacific Investment Management Co., the bond behemoth that lost two chief investment officers last year and saw almost $500 billion of client money leave, a hidden profit engine is easing some of the pain. For more than a decade, Newport Beach, California-based Pimco has qu

  3. Niche Investing - Art investment funds: Attracting institutional and other new investors[more]

    From The Deloitte/ArtTactic Art and Finance Report 2014 (the "Art and Finance Report") noted that the "global art investment fund market was estimated to be worth at least $1.26 billion in the first half of 2014." This seems almost inconsequential when juxtaposed with the $54 billion of

  4. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i

  5. …And Finally - Japanese men want upgrade on their virtual girlfriends[more]

    From Five years after News of the Weird mentioned it, Japan's Love Plus virtual-girlfriend app is more popular than ever, serving a growing segment of the country's lonely males -- those beyond peak marital years and resigned to artificial "relationships." Love Plus models (Rinko