Capital Z Adds CalPERS Exec. As CEO

Jan 29 2008 | 7:36am ET

Just days after striking out on its own, Capital Z Asset Management has lured a top California Public Employees’ Retirement System executive to lead it.

Christianna Wood, senior investment officer for global equity at CalPERS, will join New York-based Capital Z on March 17 as CEO.

“Christy helped CalPERS pioneer many new investments and oversaw over $150 billion of assets dedicated to global equities as well as many of the pension groups’ hedge fund allocations,” Laurence Cheng, chairman of Capital Z, said. “We are extremely pleased that Christy has decided to join Capital Z Asset Management. Her achievements, experience and knowledge of hedge funds will be instrumental in taking CZAM to the next level.”

CZAM, the hedge-fund management arm of Capital Z Investment Partners, was spun-off from its parent company last week, in a buyout led by management and private equity firm Paine & Partners.

In addition to the appointment of Wood, Elizabeth Flisser has been promoted to president. She has been with Capital Z since 1999, sourcing, evaluating and structuring its sponsorship activities.


In Depth

OmniQuest Capital: Why Funds of Hedge Funds Work

Aug 11 2016 | 4:47pm ET

There have been few sectors of the alternative investment universe under as much...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...