By Muskan Arora
The $11.5bn Rhode Island Employees’ Retirement System has
named Elizabeth Caldas as the department of treasury’s deputy CIO.
“Elizabeth is a seasoned institutional investor with decades
of experience in asset management and private equity, including work with the
New York State and New York City Comptrollers, and the United Nations,” as
stated by James Diossa, Rhode Island Treasurer in a recent newsletter.
Caldas steps in the shoes of Justin Maistrow, who was
promoted to the role of chief investment officer in January.
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The treasury is responsible for overlooking the state’s
entire investment portfolio, including the ERS.
Most recently, Caldas served as the senior investment officer
for the credit and opportunistic portfolio at the Office of NYS Comptroller for
almost two years.
Prior to that, she was the investment officer for the
private equity sleeve at the United Nations Joint Staff Pension Fund for almost
a decade.
[Image: Elizabeth
Caldas’ LinkedIn profile]
