WHO'S NEWS
Philip Halpern will step down as CIO of the $35 billion Washington State Investment Board, Olympia, to become treasurer and CIO of the California Institute of Technology, Pasadena, in mid-September. Mr. Halpern said Caltech officials want him to design ``an investment program equal in excellence to the school's scientific prowess.'' Caltech has $1.2 billion in assets, he said.
Mr. Halpern said Washington State officials haven't decided on his replacement.
