Brian Funk Named President of MetLife Investment Management
The firm’s global head of private capital became interim president in May.
Newsmakers
Maryland SRPS Names Robert Burd as Acting CIO
The fund’s deputy CIO will be elevated to the role, effective July 1.
Voya Fixed-Income CIO Tips Treasury Duration, Emerging Market Assets as Offsets
Eric Stein discusses fixed-income opportunities, tariffs and geopolitical risks.
Indonesia Investment Authority Appoints Co-CIOs
Andry Setiawan and Christopher Ganis will jointly oversee investments at the $10.5 billion sovereign wealth fund.
Athene Names Grant Kvalheim as CEO, Makes Multiple Senior Appointments
Apollo’s retirement services arm named Co-Founder, CEO and CIO Jim Belardi as executive chair and elevated Mike Downing and Sean Brennan to co-presidents of Athene USA.
Steven Toole Named Executive Director of STRS Ohio
The retirement executive and former North Carolina pension director will join the pension system in July.
NYC Comptroller’s Deputy CIO, Private Equity Head Departs
Eneasz Kądziela will leave the New York City pension system for a new opportunity.
Vivek Jindal Named CIO of Caprock
The investment chief, formerly the CIO of Kore Private Wealth, most recently served as head of growth and private markets at Corient.
Due to AI, Norway’s $1.8T Pension Giant Needs No More Employees—for Now
The Government Pension Fund Global shed more than 37% of its workforce in 2024.
Northern Trust Names Katherine McCabe to Lead OCIO Strategy
McCabe will spearhead relationships between Northern Trust’s asset servicing business and outsourced CIO providers in a newly created role.
Jonathan Grushkin Named CIO of Sanford Health
The organization’s inaugural investment head moves from the Cleveland Clinic investment office, which regularly produces future CIOs.
Chubb Promotes CIO Tim Boroughs to Head of Asset Management
The insurance company also promoted Deputy CIO Chris Hogan to succeed Boroughs as CIO.
Strategic Investment Group Names New Heads of Investment, Private Markets
Brendan Burke will lead the investment team, while Kevin Killeavy will oversee private markets.
CalPERS Seeks Capital Markets Deputy CIO
The individual will oversee the California pension’s publicly listed investments and will succeed Dan Bienvenue.
Spider Management Names Karen Horn Welch as CIO
The university-owned investment office oversees the $3.2 billion University of Richmond endowment.