Yup Kim, the chief investment officer of the $44B Texas Municipal Retirement System took to LinkedIn to announce the appointment of Annika Kim as credit director.
“As CIO, few things are more rewarding than welcoming rare, exceptional and mission-driven talent like Annika — whose character, intellect, and leadership represent the very best of our industry — to our shared vision of building the model public pension plan,” he said in his LinkedIn post. “She will play a pivotal role in shaping our credit and hybrid equity strategies and lead key initiatives within the office of the CIO.”
Annika Kim previously worked as a private equity senior associate at Apollo Global Management for two years. Prior to working at Apollo, she served as an associate at the Carlyle Group and was an investment banker at Goldman Sachs.
TMRS recently added several people to their alternatives team. Most recently, the pension plan appointed Phillip Hunter O’Brien as head of private equity, Amol Deshpande as head of direct investments, and Isidora Stankovic as director of private equity.
In February, the pension plan also named Eugene Han as portfolio manager for direct investments. And in April, John Ritter joined as managing director of real assets, followed by Yuri Lee as head of venture capital in July.
The pension plan allocates 34% to its global equity portfolio, 25% to credit investments, 20% to real assets, 15% to private equity, 4% to tactical opportunities, and 2% to cash.
