The California Public Employees’ Retirement System (CalPERS) has selected Ted Eliopoulos as its chief investment officer (CIO).
“Ted distinguished himself during the selection process as the best candidate for this position,” says Rob Feckner, CalPERS board of administration president. “He has the intellect, temperament, leadership ability and investment experience necessary to succeed in this position—qualities he has consistently demonstrated during the past year in his role as interim CIO.”
Eliopoulos currently serves as the interim CIO and takes over the position from the late Joe Dear. Eliopoulos was previously the senior investment officer for real assets at CalPERS.
Prior to joining pension fund in 2007, he served in the California state treasurer’s office as deputy treasurer and then chief deputy treasurer.
As CIO, Eliopoulos will be responsible for managing an investment portfolio of about US$300 billion and an office with nearly 400 professional staff.
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