CalPERS Seeks Absolute Return Investment Officer

Jun 2 2006 | 8:13pm ET

The $200-billion California Public Employees' Retirement System is seeking applicants for the position of investment officer in the plan's Absolute Return Strategies Unit. The investment officer will participate in portfolio construction, risk analysis, negotiating terms and due diligence for the more than $2.5 billion invested in hedge funds and funds-of-hedge funds.

Candidates should have three years of experience working for a hedge fund or fund-of-hedge funds and be a CFA charter-holder. A spokesman for the plan said that it will consider both internal and external candidates for the job.

Inquiries and applications should be directed to Kela Richardson, California Public Employees' Retirement System, Lincoln Plaza East, 400 Q Street, Suite E4800, Sacramento, CA 95814. 

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