Yup Kim to Become CIO of TMRS
Seen as a rising star for years, Kim leaves CalPERS private equity post.
Seen as a rising star for years, Kim leaves CalPERS private equity post.
She will be the 7th Chief Investment Officer in two decades to leave the largest pension fund in the United States.
New Appointments for CIOs and Allocators
Program’s private equity program reports a loss, leads to restatement of year-end numbers .
Greg Ruiz joins Jasper Ridge Partners after helping ‘turn
around’ CalPERS’ PE program.
Poised to step down as CIO at the end of 2023 after 12
years, Hewsenian discusses career, including serving as a consultant to CalPERS
and being a special ed teacher.
System
in rare position to not only pursue fund stakes, but also do more co-investing.
Plan also seeks to give leadership more authority to
approve fund investments, co-investments, and secondary transactions.
Private equity firm exceeds target goal; will invest
in healthcare and technology.
Potential
to reduce fees paid to PE managers and generate strong returns spurs
institutional investors to find ways to collaborate with firm managers.