Mike Charette Promoted to New Deputy CIO Role at Michigan MERS
Charette, who has been at the Municipal Employees’ Retirement System for two decades, will oversee equities and fixed-income portfolios.
Newsmakers
Valbona Schwab Appointed CIO at Children’s Health in Dallas
The former deputy investment chief of Grinnell College will succeed Ken Lee, who moved to Cal Tech in April 2025.
Manager Who Stole Millions From Pension Clients Files for Congressional Run
Alan Bond was convicted in 2003 for stealing millions in kickback and cherry-picking schemes. Now he is running for a House seat as an independent in New Jersey. Bond says much has changed since then.
LACERA Promotes Luis Lugo to CEO
The former deputy CEO succeeds Santos Kreimann, who announced in January that he was stepping down for health reasons.
Andrew Alley Named Global Head of Infrastructure Investments at PSP
Alley will move from a similar role at the Canada Pension Plan Investment Board.
San Diego Foundation CIO Matt Fettig Adds CFO Role
The $1.8 billion endowment will combine its investment and financial operations.
Mark Levine’s Priorities at the NYC Pension System
The New York City Comptroller aims to increase investments in affordable housing and continue the office’s sustainability initiatives.
Investors React to Nomination of Kevin Warsh as Fed Chair
A former Federal Reserve governor, Warsh is expected to set a more hawkish tone.
SBCERA CIO Donald Pierce Announces Retirement
The investment chief of the San Bernardino County Employees’ Retirement Association will leave after 25 years at the fund.
Prime Capital Financial Promotes New President, Names CIO
CIO Scott Duba is the firm's new president, and Will McGough is the new CIO.
Lazard Taps Eric Van Nostrand as First CIO
The asset manager also promoted Rosalie Berman to chief operating officer.
ABP Appoints Herman Bril as CIO
The $607 billion Dutch pension had been without a permanent CIO since 2024.
Trump Suggests Ban on Institutional Investors Buying Single Family Houses
In an online post, President Donald Trump wrote that he intends the measure to mitigate the housing crisis resulting from an upward spiral of costs.
Neuberger Snags Emerging Markets Portfolio Managers From Schroders
Vera German and Juan Torres will join Neuberger Berman’s EM equities team in London.