Tag: Arleen Jacobius

CalPERS seen weighing proposal on rule changes for hiring, firing of CIO

Mary Pat Campbell

Link: https://www.pionline.com/pension-funds/calpers-seen-weighing-proposal-rule-changes-hiring-firing-cio

Excerpt:

The CalPERS board is looking at a change in the way it will decide who replaces Yu ‘Ben’ Meng as CIO of the fund.

CalPERS board is expected to weigh a move that would modify a recent governance change calling for the full board in conjunction with the CEO to hire, evaluate and terminate the pension fund’s CIO.

Author(s): ARLEEN JACOBIUS

Publication Date: 23 February 2021

Publication Site: Pensions & Investments

California pension funds learning from experience; Flexibility is key lesson from plans’ pandemic struggles

Mary Pat Campbell

Link: https://www.pionline.com/pension-funds/california-pension-funds-learning-experience

Excerpt:

Marcie Frost said CalPERS got an early warning about the coronavirus from its outgoing CIO.


CalPERS and CalSTRS have been working to keep their plans upright and positioned to attain their expected rate of returns in unprecedented economic, social and political conditions.

Author(s): Arleen Jacobius

Publication Date: 25 January 2021

Publication Site: Pensions & Investments

CalPERS expecting to announce new CIO this quarter

Mary Pat Campbell

Link: https://www.pionline.com/pension-funds/calpers-expecting-announce-new-cio-quarter

Excerpt:

Even as CalPERS officials were facing the dual challenges of managing investments and remote work during a pandemic, it was moving ahead with hiring a new CIO and expects to name one in the first quarter, a top official said.

Author: Arleen Jacobius

Publication Date: 25 January 2021

Publication Site: Pensions & Investments

New Mexico PERA executive director taking new position

Mary Pat Campbell

Link: https://www.pionline.com/pension-funds/new-mexico-pera-executive-director-taking-new-position

Excerpt:

Wayne Propst, executive director of the $16.5 billion New Mexico Public Employees Retirement Association, Santa Fe, will be leaving on Feb. 12 to join the staff of New Mexico state Sen. George K. Munoz, Mr. Propst said in an email.

Author: Arleen Jacobius

Publication Date: 22 January 2021

Publication Site: Pensions & Investment