Pennsylvania Public School Employees' Retirement System, Harrisburg, hired James H. Grossman Jr. as the $50.4 billion pension fund's new chief investment officer, said pension fund spokeswoman Evelyn Tatkovski.
The pension fund launched a national search for a new CIO in February 2013 after former CIO Alan Van Noord announced his intention to retire in June 2013. Mr. Grossman had been serving as acting CIO since June. Before then, he was deputy CIO.
Executive search firm EFL Associates conducted the search.