Chief Investment Officer – The men responsible for running hedge funds at the California Public Employees’ Retirement System (CalPERS) and Dutch giant PGGM have taken jobs at new firms as their pensions decided to dump their sector allocations.
Ed Robertiello, who ran absolute return strategies for the California Public Employees’ Retirement System (CalPERS), has joined a private fund management firm three months after the pension announced the closure of his programme.