Christine Gogan was named a senior portfolio manager in CalPERS' Alternative Investment Management Program, spokesman Wayne Davis confirmed in an e-mail.
Ms. Gogan was senior portfolio manager for top-down real estate portfolio management at the $223.1 billion California Public Employees' Retirement System, Sacramento. Mr. Davis did not say if Ms. Gogan was being replaced.
She filled one of two open senior portfolio manager positions for the AIM unit that had been vacant since February 2011 when Joncarlo Mark and Michael Dutton resigned. Reasons for the resignations were never disclosed. The other vacancy will be filled.
While not charged with any wrongdoing, Mr. Mark testified in California Supreme Court in the summer of 2010 that he had taken trips on private jets and accepted personal gifts, including meals paid for by private equity firms. He said it was routine for CalPERS AIM unit staff to engage in such practices.
Mr. Mark's former supervisor, Leon Shahinian, senior investment officer for AIM, stepped down in August 2010 after he failed to disclose a lavish trip paid for Alfred Villalobos, a former CalPERS board member and placement agent. Mr. Villalobos is awaiting trial on state bribery changes.
CalPERS has since put in place new policies that prohibit all gifts, including private jet rides.
