Douglas Steele joined MassMutual Financial Group as an investment consultant, responsible for selecting and monitoring subadvisers for a segment of the firm's overall investment platform, said spokeswoman Lisa K. Reilly. It is a new position. Mr. Steele was briefly a consultant in the Boston office of Shields Associates after leaving as director at CRA RogersCasey in April. Bruce L. Graham, president of Shields Associates, said his firm will continue to add staff this year.
Serena Ho and Eric Wheeler joined PG&E Corp. as senior financial analysts, said Peter Corippo, director of investments & benefit finance. They replace Ray Venner, who joined the $197.5 billion California Public Employees' Retirement System, Sacramento, in April as investment manager for asset allocation/risk management, and Carolyn Margiotti, who joined Robeco Investment Management as a senior vice president in July. Ms. Ho was a senior accounting analyst in PG&E's corporate accounting department, and Mr. Wheeler was a market maker at the Pacific Stock Exchange. PG&E has $14 billion in retirement assets.