(updated with correction)
Shawn D. Wischmeier was named CIO of the $13.1 billion Indiana Public Employees' Retirement Fund, Indianapolis, replacing Bruce Fink. Information about Mr. Fink's departure was unavailable. Mr. Wischmeier was project leader, global treasury, at Eli Lilly and Co., Indianapolis. He has held various financial roles at the firm, including "formulating investment strategies" for its $8.2 billion pension plan and $3.3 billion 401(k) plan; he also "led multinational teams ... with an emphasis on both financial risk management and strategic capital management" within the company's global treasury, according to an Indiana PERF statement.
Vikas Kapoor joined hedge fund of funds firm Arden Asset Management as executive director of risk management, a new position, said Averell Mortimer, president. Mr. Kapoor will work in the firm's quantitative analytics group on the firm's risk and portfolio management processes. He was managing director and CIO at Deutsche Bank's Absolute Return Strategies Group. Rosalia Scampoli, a Deutsche Bank spokeswoman, did not immediately know if Mr. Kapoor had replaced.
Mounir Nahas was promoted to senior managing director and COO at Black Diamond Capital Management from managing director. It is a new position; he had been managing director. Mr. Nahas will continue to perform his previous responsibilities, said Jeff Lloyd, spokesman.
Alan L. Beller, director of the SEC's corporation finance division, said he will return to the private sector, according to an announcement from the SEC. The agency did not offer any specifics on his plans. He will remain at the SEC until next month to assist with the transition. The agency has not selected a replacement for Mr. Beller, said John Heine, a spokesman.