CalPERS promotes Baggesen and Bienvenue 26 June 2013Sacramento Reporter: Georgina Lavers
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The California Public Employees’ Retirement System (CalPERS) has promoted Eric Baggesen to the role of the pension fund’s senior investment officer (SIO) for asset allocation and risk management.
Baggesen has been serving as acting SIO since 2012, and currently serves as the SIO for global equity.
He will cede those duties to Dan Bienvenue, who currently serves as a senior portfolio manager in the asset class.
Baggesen has been serving as the acting SIO for asset allocation and risk management after the departure of Farouki Majeed, who previously held the title until last year.
Baggesen joined CalPERS in 2004, having previously worked at State Street Global Advisors for eight years as the unit head of emerging markets in the global structured products group. He was named SIO for CalPERS global equity programme in 2008.
As SIO for asset allocation and risk management, Baggesen is responsible for asset allocation implementation, and the monitoring and managing of CalPERS total investment portfolio.
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