Elizabeth Sanders, CIO of the Iowa Public Employees Retirement System, is joining Brinson Partners as senior account manager, a new position.
Ms. Sanders is expected to join the firm shortly, said Diana Cohen, spokeswoman at Brinson Partners. She has not been replaced yet at Iowa PERS, but a nationwide search is under way, said Kathy Comito, acting chief investment officer at the pension fund.
The $9.5 billion pension fund has put on hold upcoming manager searches until a new CIO is found, Ms. Comito said. The Iowa pension fund recently completed an asset allocation study and was expected to make a decision on starting manager searches at the beginning of the year