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September 23, 2013 01:00 AM

Kansas PERS chooses deputy CIO, plans administrator search

Kevin Olsen
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    Bruce Fink was named deputy chief investment officer for public markets at Kansas Public Employees Retirement System, Topeka, confirmed spokeswoman Kristen Basso.

    The $14 billion pension fund has not had a designated deputy CIO for several years. However, Mr. Fink takes over the duties of Robert Hiebert, former investment officer for equity strategies, who left earlier this year.

    Mr. Fink reports to CIO Elizabeth Miller and assists in overseeing the management of the retirement system's publicly traded asset classes.

    Mr. Fink was most recently director of investments at Saint Mary's College, Notre Dame, Ind., where he oversaw the roughly $130 million endowment. Spokeswoman Karen McDonald said the investment office has undergone a restructuring, and she did not have replacement information on a similar role to Mr. Fink's.

    Separately, KPERS' 457 deferred compensation plan will search for a third-party administrator by the end of the year, Ms. Basso said. There is not a specific date for when the RFP will be issued. Incumbent ING U.S. Retirement Services will be able to rebid.

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    December 12, 2022 page one

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