CalPERS Names Leon Shahinian Senior Investment Officer for Alternative Investment Management Program.SACRAMENTO, Calif. -- Mark Anson, Chief Investment Officer of the California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). Public Employees' Retirement System (CalPERS), announced today the appointment of Leon Shahinian as Senior Investment Officer for the pension fund's Alternative Investment Management (AIM) program. He replaces Rick Hayes who left to become a managing partner of Oak Hill Capital Management. Shahinian will be responsible for managing a globally diversified diversified (di·verˑ·s portfolio of private equity investments representing approximately $20 billion of committed capital. He will also oversee CalPERS private equity investment team and external advisors to ensure that the Fund's investment strategies, policies and new initiatives are executed effectively. He will report to CalPERS Chief Investment Officer Mark Anson. "I'm extremely confident in Leon and his skills leading our team of investment professionals," said Anson. "Leon has been instrumental in helping us to build a strong, diverse and world-class private equity program. "Our AIM Program is in good hands and will suffer no interruption INTERRUPTION. The effect of some act or circumstance which stops the course of a prescription or act of limitation's. 2. Interruption of the use of a thing is natural or civil. in its investment plan or Board policy." Shahinian joined CalPERS in August 1998. He previously co-managed a $1.5 billion fixed income portfolio for Sacramento-based Foundation Health Systems, and served as a Senior Credit Analyst for Sacramento Commercial Bank where he focused on small to mid-size company financings. Shahinian earned a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in Finance from California State University, Sacramento California State University, Sacramento, more commonly referred to as Sacramento State or Sac State, is a public university located in the city of Sacramento, California, USA. It is part of the California State University system. , and is a Chartered Financial Analyst Chartered Financial Analyst (CFA) An experienced financial analyst who has passed examinations in economics, financial accounting, portfolio management, security analysis, and standards of conduct given by the Institute of Chartered Financial Analysts. . CalPERS is the nation's largest public pension fund with assets totaling more than $162 billion. For more on CalPERS, visit www.calpers.ca.gov. |
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