Geraldine Jimenez to Run CalSTRS’s New Risk and Strategy Unit

Program will leverage fund’s collaborative model for the total portfolio, says deputy CIO.

Geraldine Jimenez

The California State Teachers’ Retirement System has announced a head for its new risk and strategy unit.

Geraldine Jimenez was recently promoted by the $233.9 billion fund to lead the fledgling division, created last month. She was the lead portfolio manager of its investment engagement group. She has been with the plan since 2015.

“I’m working with a team that can hit the ground running to build out the overlay and smart rebalancing strategies—in other words, developing models that are flexible enough to react to varying market conditions to optimize portfolio risk and return,” she said.

The branch has three areas: total fund portfolio management, risk management, and innovative strategies to simplify the division’s approach.

The California retirement plan has always covered these subjects, but the unit’s creation allows for one team to focus on them all, without involving the entire investment staff.

Jimenez will report to Deputy Chief Investment Officer Scott Chan, who said her expertise gives the new program a “substantial head start” as the fund hires more data professionals.

Chan added that the risk and strategy unit will leverage CalSTRS’s collaborative model for the total portfolio. The collaborative approach is aimed at increasing the plans’ in-house investment staff expertise and partnerships with external asset managers.

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