US - The US$64.5bn Ohio Public Employees Retirement System (OPERS) has named Philip Paroian as its new assistant investment officer (AIO) of external management for public markets.
Paroian took up his appointment, which is a newly created role, on March 1, and is responsible for OPERS US$21bn of externally managed public assets.
He joins from the University of Toronto Asset Management Corporation, where he served as managing director of public equities. Prior to that, he was an associate portfolio manager at the Ontario Municipal Employees Retirement System (OMERS).
“Philip brings extensive experience and a diverse background in asset management that will strengthen OPERS investment programme’s performance as a top-tier pension system,” said Jennifer Hom, acting director of investments.
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