NEWS

CalSTRS promotes two senior portfolio managers to directorial roles

By Muskan Arora

The $346.5bn California State Teachers’ Retirement System (CalSTRS) has promoted Rosie Lucchesini-Jack to Director of the $41.2bn Fixed Income Portfolio and David Murphy to Director of the $144.9bn Global Equity Portfolio.

In an announcement last week, both Lucchesini-Jack and Murphy were promoted to directorial positions from senior portfolio managers within CalSTRS.

Both will report to Geraldine Jimenez, Senior Investment Director of Public Markets.

They will be responsible for providing investment expertise to senior members and the board, leading staff in research, analysis, and portfolio management, including formulating and recommending strategies and policies.

Lucchesini-Jack joined CalSTRS’ Fixed Income team in 2001 as a portfolio manager and was promoted to Senior Portfolio Manager in 2023. She focused on managing the public debt portfolios and led the expansion of senior debt into private credit.

She is also involved in making tactical asset allocation decisions as a member of CalSTRS’ Risk Allocation Committee.

Murphy has served in various roles on the Global Equity team, including Head of Internal Management from 2015 to 2020.

Before joining CalSTRS, he worked in asset allocation and risk management at the California Public Employees’ Retirement System (CalPERS).