US - The US$196bn California Public Employees' Retirement System (CalPERS) has appointed Anne Stausboll (pictured) as interim CIO following the recent resignation of Mark Anson, who left to join Hermes in the UK.
In her temporary role, Stausboll will work closely with CalPERS’ senior investment officers to implement investment strategies for the fund’s real estate, alternative investment and public market portfolios.
The CalPERS board said Stausboll would remain in the position while they conducted a “global search” for an ideal replacement.
Rob Feckner, President of CalPERS board of administration said: This will be a broad search that will be open to all qualified candidates, including our own excellent professional internal investment staff.
CalPERS is expected to name a new CIO in the next six to eight months.
Stausboll is currently the assistant executive officer of CalPERS investment operations.
Anson takes up his new role of CEO at Hermes in January.
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