But the institutional investors revamped their approach to the asset class after it failed to protect them when equities tanked in 2022.
Roger Sayler is retiring after nine years with the Episcopal Church’s investment manager.
He succeeds Christopher Conkey, who will step down in December after more than 13 years with the firm.
Haddad was previously interim CIO overseeing the New York City Retirement Systems’ $248 billion portfolio.
He was most recently head of investment management at private banking firm Brown Shipley.
CIO Kåre Hahn Michelsen has been promoted to succeed Søren Kolbye Sørensen as head of the $21.5 billion fund.
Caroline Lovelace succeeds the company’s founder, Floyd Tyler Jr., who passed away in January.
His co-head of investment and wealth strategies, Beata Kirr, leaves to join private investing firm The Copia Group.
Ohio and Texas pension funds were among investors who lost millions as a result of James Velissaris’ fraud.
Daniel Booth will oversee the $442.6 billion pension fund’s private equity, real assets and private debt.
