Patricia Gerrick was hired as chief investment officer of the Indiana Public Employees Retirement Fund, Indianapolis, a new position at the $12 billion fund. Ms. Gerrick, who will begin April 1, is director of international investments at the $120 billion New York State Common Retirement Fund, Albany. She will assume day-to-day oversight at Indiana PERF, including the plans external money managers, consultants and custodial activity. The fund has no assets under internal management.
She will report to E. William Butler, executive director.
Officials at New York Common were unavailable for comment by press time.