Carl A. Gowan, senior investment officer for real estate at the California State Teachers' Retirement System, decided not to seek renewal of his contract at the end of June.
James Mosman, CEO of the $68.5 billion fund, said it was unclear whether Mr. Gowan's position would continue because of uncertainty surrounding the direction of CalSTRS' $4 billion real estate program.
Charles G. Smith IV and Marshall Gatlin left Gartmore Global Partners, where they were president and COO, respectively.
A NationsBank spokesman said the two left to pursue other opportunities. Andrew Fleming, CIO of the joint venture between Gartmore and NationsBank, is overseeing the company; Senior Vice President Robin Maxwell is serving as COO. Mr. Smith won't be replaced as president, but his marketing duties will be taken over by a new staffer