By Staff
The $530B California Public Employees’ Retirement System has officially begun its search for a new deputy chief investment officer.
The winning candidate will succeed Dan Bienvenue, who left the role in April after nearly 21 years of service to join private equity firm General Atlantic as managing director.
A job description posted on the California state government’s careers site said the successful candidate will oversee public market asset investment decision-making and management, including the total portfolio’s allocation in global public equities, global fixed income, portfolio diversification strategies, as well as several affiliate funds. Leadership of the pension’s Capital Markets business, including operational, personnel, and cultural components, will also be a critical area of focus in this role.
CalPERS will not be using the help of a search firm, said a company spokesperson. The job posting noted the pension plan expects to hold virtual interviews on an ongoing basis until the position is filled with cutoff dates reviewed on the last day of each month.
