Wednesday, September 20th, 2023 A biweekly topical newsletter from CIO Team Building A newsletter for institutional investors, spotlighting industry moves, recruitment and team building. Corporate Moves CalPERS CIO Nicole Musicco Will Step Down Musicco cites family needs as the reason for her departure; the fund’s deputy CIO will serve as interim head. Newsmakers CalSTRS Promotes Julie Donegan to Real Estate Investment Director Previously a portfolio manager, Donegan is the system’s first woman to hold the position.   Corporate Moves PGIM Real Estate Promotes Cathy Marcus, Raimondo Amabile to Co-CEO Roles The duo will retain their current duties under former CEO Eric Adler, who will helm newly formed PGIM Private Alternatives. Newsmakers Australia’s Cbus Unveils New Leadership Team The construction and building industry superannuation fund announced changes to its executive leadership structure. Corporate Moves NTAM Appoints Anwiti Bahuguna Chief of Asset Allocation The economist was a key player at Columbia Threadneedle. Corporate Moves New CIOs Join Mercer, Principal Mercer names a leader for its US outsourced CIO practice, and Principal Asset Management appoints a CIO and global head of equities. Did someone forward you this newsletter? Sign up here to get Chief Investment Officer Spotlight directly in your mailbox!

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