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Alternative Market Briefing

CalPERS names next CIO

Tuesday, September 25, 2018

Bailey McCann, Opalesque New York:

CalPERS has named Ben Meng as its new chief investment officer. The announcement follows news that current CIO Ted Eliopoulos was planning to retire and move to New York.

Meng was previously at CalPERS for seven years with his last role as the investment director of Asset Allocation. He also was a portfolio manager in fixed income. He then moved on to be deputy CIO at the State Administration of Foreign Exchange (SAFE) for the past three years.

"We are so pleased to welcome Ben back to CalPERS," said CalPERS CEO Marcie Frost. "Ben's strong investment backg......................

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