Penn SERS CIO Seth Kelly Resigns
He leaves the pension fund after less than a year on the job; Deputy CIO James Nolan will take over as acting CIO.
Corporate Moves
CEO of UN Principles for Responsible Investment to Step Down
Fiona Reynolds will leave after nearly nine years to return to her native Australia.
Breaking News: CBRE Global Investors Names Dominic Garcia Chief Pension Investment Strategist
Former New Mexico PERA CIO takes on newly created role at real asset investment manager.
CDPQ Takes Greater Stake in Energy Firm Énergir with $1.14 Billion Transaction
The firm is expanding and diversifying its business into renewables across North America, the Quebec allocator said.
Bob Doll Named CIO of Faith-Based Boutique Firm
Former chief equity strategist at Nuveen and BlackRock joins Crossmark Global Investments.
LA Fire and Police Pensions Names Ray Joseph as New CIO
Joseph will replace Tom Lopez, who is retiring after more than 40 years at the pension fund.
Aon to Sell US Retirement and Retiree Health Businesses in $1.4 Billion Deal
The firm is seeking regulatory approval from the US DOJ for its heavyweight merger with Willis Towers Watson by divesting parts of its business.
Ellen Ellison, University of Illinois Foundation CIO, Steps Down
The allocator shared on social media that she will be leaving to pursue other endowment and investment-related activities.
Arch Capital Names Christine Todd CIO
Current CIO W. Preston Hutchings will leave later this year after more than 15 years at the post.
WSIB Executive Director Theresa Whitmarsh Leaving Top Spot
Her retirement follows the investment board losing its long-serving CIO in 2019 and appointing Allyson Tucker to the role last year.
Dominic Garcia to Leave New Mexico State Pension
The departing chief investment officer was named to CIO’s Power 100 List earlier this year.
CalSTRS Appoints First Female CEO: Cassandra Lichnock
She will replace Jack Ehnes, the outgoing head of the pension system who postponed his retirement last year because of the pandemic.
Richard Chau Named Tulane CIO
Interim CIO permanently replaces Jeremy Crigler, who left in September after 12 years at the helm.
Nevada PERS to Add Another Investment Officer
Steve Edmundson will no longer be the lone investment staff member at the $53.2 billion state pension fund.
Russell Investments Changes Up Leadership Structure
Alums from Goldman Sachs and Morgan Stanley will take over positions as global chief investment officer and president.