Tricia S. Scrivner was named director of real asset strategies at the $6.8 billion Margaret A. Cargill Philanthropies, Eden Prairie, Minn., effective Oct. 14.
The position is new, said spokeswoman Sallie Gaines.
Ms. Schrivner will report to Shawn Wischmeier, chief investment officer of the philanthropies.
Ms. Schrivner was managing director of alpha strategies at the $8 billion Missouri State Employees' Retirement System, Jefferson City, overseeing hedge funds, private equity and real assets. Her last day at the pension fund is Friday, said Christine Rackers, MOSERS spokeswoman. “There are no definite plans to replace her,” Ms. Rackers said. Her duties will be assumed by Pat Neylon, manager-liquid alpha strategies; Scott Peppard, manager-illiquid alpha strategies; and MOSERS' alpha investment team.
Margaret A. Cargill Philanthropies has three grant-making charities — Margaret A. Cargill Foundation, Anne Ray Charitable Trust and Akaloa Resource Foundation. The three charities have real asset allocations ranging from 15% to 17% each.