Jeffrey Burton was promoted to portfolio manager at the $26 billion Pennsylvania State Employees' Retirement System, Harrisburg, confirmed spokeswoman Pamela Hile.
It is a new position. Mr. Burton reports to Lauren Lenfest, managing director of alternative investments. As part of his position he will be a director in alternatives.
He was previously an associate portfolio manager, and there are no current plans for that position to be filled. The promotion took effect July 30.