Tuesday, 16 September 2014
Last updated 10 hours ago
Feb 17 2011 | 9:40am ET
Two senior portfolio managers of CalPERS’ $47.5 billion alternative investment management program have resigned.
CalPERS spokesman Clark McKinley confirmed the resignations of Joncarlo Mark and Michael Dutton to Pensions&Investments.
McKinley said neither man gave reasons for departing their posts at the $226.5 billion California Public Employees’ Retirement System.
Mark's resignation is effective March 31 and Dutton's sometime in March. Their duties will be taken up by other staff in the AIM program, McKinley said.
Mark, who had been with CalPERS since 1999, and Dutton, who had led the system’s healthcare investment initiative, announced their resignations separately, McKinley told P&I, adding he did not know the men’s future plans.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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