Geoffrey Berg, chief investment officer of South Carolina’s Retirement System Investment Commission, is leaving the pension fund, effective September 2025.
Berg joined RSIC in 2008 and was named interim CIO after six years at the pension fund. He took on the position permanently a year later. During his tenure with RSIC, the market value of its portfolio grew from nearly $28B to more than $50B.
Prior to joining the pension system, he was a senior mergers and acquisitions analyst with HNI Corp.
RSIC’s deputy CIO Bryan Moore will take on the chief role on an interim basis, with Berg serving as senior advisor to Michael Hitchcock, the chief executive officer, to assist with the transition.
“Geoff is the CIO you want in every market environment,” said Hitchcock, in a press release. “We were fortunate to have Geoff as part of the team for seventeen years, and undoubtedly his next organization will feel the same sense of gratitude to have him. On behalf of RSIC, the Retirement System, and our over 650,000 beneficiaries, it is my honor and privilege to thank him for his service.”
