Joelle Mevi was named executive director and chief investment officer of the Fort Worth (Texas) Employees’ Retirement Fund, confirmed a spokeswoman for the $2 billion pension fund.
Ms. Mevi will start in mid-March. Her hiring was approved at the Wednesday retirement board meeting following an executive search conducted by Hudepohl & Associates.
Ms. Mevi resigned as CIO of the $14 billion New Mexico Public Employees Retirement Association, Santa Fe, in August. She had held that position since 2009. At Fort Worth, Ms. Mevi replaces Ruth Ryerson, who took over as executive director of the $7.2 billion Wyoming Retirement System, Cheyenne. Robert Hulme, deputy director of investments and operations, has been serving as interim executive director/CIO at the Fort Worth fund.
Ms. Mevi “has broad-based asset class experience and a positive investment performance track record; PERA total fund returns exceeded benchmark for all reporting periods during her tenure as CIO,” said Billy Samuel, chairman of the Fort Worth retirement fund board, in a news release.
Efforts to reach Ms. Mevi were unsuccessful.