Indonesia appoints Ray Dalio as advisor for new sovereign wealth fund
Launched in February, Indonesia’s Danantara is projected to manage more than $900B in assets from across the banking, energy and telecommunications sectors.
People Moves
PSP Investments appoints Caroline Vermette as CFO, Alexandre Roy as chief risk officer
Vermette joins the pension fund after serving as the National Bank of Canada’s senior vice-president of internal audit.
CalPERS’ Deputy CIO Dan Bienvenue stepping down
Bienvenue is leaving to join private equity firm General Atlantic as managing director, leading the firm’s capital solutions initiatives for pension plans.
OMERS taps Alexander Fraser to lead private equity team
Fraser joins the C$138.2bn pension plan from 65 Equity Partners US, where he was a founding partner of a multi-billion-dollar global PE initiative sponsored by Temasek.
Aware Super creates new role to win the AI race
The superfund has hired Mythili Baker as the
head of data and AI
Stalwart at PSERS Poached
Susan Oh leaves after 28 years for firm that specializes in artificial intelligence.
A-Rod is Poached
Star investor Anthony Rodriguez leaves NYC BERS for a role custom-created for him.
Geeta Kapadia is the New CIO of Fordham University
She will manage the $1B
endowment August 22 after leaving Yale New Haven
Robert Picard Joins Hightower as Alts Chief
Picard will head the
alternative investment platform for the $140B private
wealth manager.
LPL Alum Detrick is Now with RIA Carson
Ryan
Detrick joined colleague Burt White at $20B Carson Group