John Massey was hired as a principal investment officer of public equities by the $23.2 billion Connecticut Retirement Plans & Trust Funds, Hartford, confirmed David Rivera, spokesman for state Treasurer Denise Nappier, the principal fiduciary for the Connecticut system.
Mr. Massey “has primary responsibility for management of the day-to-day activities of the domestic and international public equity market funds,” Mr. Rivera wrote in an e-mail. He will oversee about $13 billion in externally managed assets, Mr. Rivera added.
Joanne Dombrosky had been responsible for the public equity and fixed-income portfolio for the retirement system, Mr. Rivera wrote. Ms. Dombrosky now will concentrate solely on fixed income.
Mr. Massey had been senior vice president and a large-cap growth portfolio manager at SunAmerica Asset Management, confirmed spokeswoman Mary Dacuma, He was replaced by Janet Walsh, who had been a portfolio manager and global technology sector head at AllianceBernstein.
Mr. Massey was hired after a “competitive search” by the treasurer's office, Mr. Rivera wrote.