Carol L. Kontor has been offered the position of state investment officer for the $5 billion Nebraska State Investment Council, Lincoln, said Shawn P. Nowlan, legal counsel for the Nebraska Public Employees' Retirement System. Ms. Kontor is a member of the NSIC and is managing director for McCarthy Group Asset Management, Omaha. The position has been vacant since Rex W. Holsapple became chief investment officer for the $6 billion Maine State Retirement System, Augusta, in February. Confirmation of Ms. Kontor's acceptance was not available by press time.
Danny Bowers Jr. will leave his post as chief investment officer of the $1.6 billion Houston Firefighters' Relief and Retirement Fund on Aug. 31. Christopher Gonzalez, senior analyst, will take over as interim CIO for six months, said Mr. Bowers. The fund then will decide how to fill the post on a permanent basis.
Phil Roblee was hired as an investment officer for fixed income at the $7.3 billion Ohio School Employees Retirement System, Columbus. He had been a manager in real estate research for the $50 billion Ohio State Teachers Retirement System, also of Columbus. The School Employees fixed-income post had been vacant since late 2000, said Doug Sisson, director of investments. No decision on a search for a replacement has been made at the teachers fund.
Heather Williamson joined the Board of Pensions-Evangelical Lutheran Church in America, Minneapolis, as senior investment manager-investment client service. The position is new for the $4.4 billion defined contribution plan Ms. Williamson had been a consultant at investment management consultant Berthel Schutter LLC, St. Paul. Her replacement is being sought, said Diane Schutter, principal.
Norton H. Reamer, the founder of United Asset Management, was named an advisory director by investment banking boutique Berkshire Capital Corp., New York. He will work with Berkshire senior partners to develop new business and advise clients on mergers and acquisitions, said H. Bruce McEver, chairman. Mr. Reamer will continue as president of Unicorn Corp., a Boston money manager strategic consulting firm, and chairman of Hellman Jordan Management Co. Inc., Boston.
Mark Marinella joined Columbia Management Group - the asset management arm of FleetBoston Financial, Boston - as managing director and head of fixed income. It's a new position. Mr. Marinella had been co-head of fixed income at State Street Research & Management Co., Boston. Dan Strelow will take over as the sole CIO of fixed income and Mr. Marinella won't be replaced.