Wesley Bradle joined Florida State Board of Administration, Tallahassee, as a senior portfolio manager for private equity.
Mr. Bradle was an investment officer in private equity at the $282.9 billion California Public Employees' Retirement System, Sacramento, “where he worked from 2008 until he started at the SBA” last month, John Kuczwanski, FSBA communications manager, said in an e-mail.
Mr. Bradle replaces Daniel d'Orchimont, who held the position of senior portfolio manager for strategic investments and private equity, and died July 15, 2012.
Mr. Bradle reports to John Bradley, senior investment officer for private equity.
The FSBA oversees $176.9 billion, including the $144.3 billion in assets of the Florida Retirement System defined benefit plan, which has $6.8 billion in private equity and $7.8 billion in strategic, opportunistic investments.
Information on a replacement for Mr. Bradle could not be learned; CalPERS offices were closed Monday for a state holiday.