California Gov. Gavin Newsom has put Lendistry Chief Investment Officer Stacie Olivares-Castain on the California Public Employee Retirement System’s administrative board.
Olivares-Castain has been at the minority-owned small business and commercial real estate lender since March, according to her LinkedIn profile. Newsom announced her spot at the $377 billion pension fund earlier in the month.
“Her depth of investment acumen and proven track record for driving financial improvements will be a valued contribution to the board in their efforts to protect the wellbeing of California’s employees for generations to come,” Lendistry Chief Executive Officer Everett K. Sands said of CalPERS’s newest director.
She previously was managing director and CIO of impact investment firm California Organized Investment Network. She also is a senior adviser of impact investments and blockchain to the state government and adviser at My SafetyNEST.
Olivares-Castain sits on the board of the Hispanic Heritage Foundation and worked at Morgan Stanley earlier in her career in portfolio management and advisory services.
Lendistry could not be reached for comment.
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