CalPERS promotes Tom McDonagh
28 March 2014 Los Angeles
Image: Shutterstock
The California Public Employees' Retirement System (CalPERS) has named Tom McDonagh as acting senior investment officer for real assets, effective 1 April 2014.
McDonagh will take over the position vacated by Ted Eliopoulos, who has been named interim CIO upon the passing of Joe Dear.
McDonagh is currently a senior portfolio manager in the global fixed income asset class. He joined CalPERS in 2010, after serving as CIO at both Freedom Mortgage and American Home Mortgage.
Prior to that, McDonagh spent time at CalPERS as a portfolio manager for global fixed income, in addition to positions at Vanderbilt Capital Advisors and Lazard Freres Asset Management.
As acting SIO of real assets, McDonagh will be responsible for implementation and management of investment strategy and policy for the pension fund's $27.8 billion portfolio in real assets worldwide.
McDonagh will take over the position vacated by Ted Eliopoulos, who has been named interim CIO upon the passing of Joe Dear.
McDonagh is currently a senior portfolio manager in the global fixed income asset class. He joined CalPERS in 2010, after serving as CIO at both Freedom Mortgage and American Home Mortgage.
Prior to that, McDonagh spent time at CalPERS as a portfolio manager for global fixed income, in addition to positions at Vanderbilt Capital Advisors and Lazard Freres Asset Management.
As acting SIO of real assets, McDonagh will be responsible for implementation and management of investment strategy and policy for the pension fund's $27.8 billion portfolio in real assets worldwide.
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