CalPERS Selects New CIO

The California Public Employees’ Retirement System has selected Stephen Gilmore as their new Chief Investment Officer. The appointment will take effect in July.

Gilmore joins CALPERS after serving as the CIO at the New Zealand Superannuation Fund since 2019.

Gilmore succeeds Nicole Musicco, the former CIO who departed in September of last year.

He will oversee a team of more than 300 investment professionals for the $494.6 billion pension fund.

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