Bienvenue replaces Baggesen at CalPERS
21 February 2014 Sacramento
Image: Shutterstock
The California Public Employees' Retirement System (CalPERS) has named Dan Bienvenue as its senior investment officer (SIO) for global equity, effective immediately.
Bienvenue had been serving as the acting SIO for global equity since June 2013 after Eric Baggesen took another leadership position within the CalPERS investment office.
Bienvenue joined CalPERS in 2004 after serving as a principal and senior portfolio manager with Barclays Global Investors, leading an international equity portfolio management team responsible for $55 billion across developed and emerging markets.
He was named senior portfolio manager for global equity at CalPERS in 2008. In that role, he was responsible for implementing and directing CalPERS internally managed equity portfolios.
As SIO for global equity, Bienvenue is responsible for implementation and management of investment strategy and policy for the pension fund's $141.8 billion portfolio in publicly traded equity investments worldwide.
CalPERS is the largest public pension fund in the US, with more than $283.8 billion in assets. It administers health and retirement benefits on behalf of 3,064 public school, local agency and state employers. There are more than 1.6 million members in the CalPERS retirement system and more than 1.3 million in its health plans.
Bienvenue had been serving as the acting SIO for global equity since June 2013 after Eric Baggesen took another leadership position within the CalPERS investment office.
Bienvenue joined CalPERS in 2004 after serving as a principal and senior portfolio manager with Barclays Global Investors, leading an international equity portfolio management team responsible for $55 billion across developed and emerging markets.
He was named senior portfolio manager for global equity at CalPERS in 2008. In that role, he was responsible for implementing and directing CalPERS internally managed equity portfolios.
As SIO for global equity, Bienvenue is responsible for implementation and management of investment strategy and policy for the pension fund's $141.8 billion portfolio in publicly traded equity investments worldwide.
CalPERS is the largest public pension fund in the US, with more than $283.8 billion in assets. It administers health and retirement benefits on behalf of 3,064 public school, local agency and state employers. There are more than 1.6 million members in the CalPERS retirement system and more than 1.3 million in its health plans.
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