The Florida State Board of Administration, Tallahassee, is searching for a senior portfolio manager in strategic investments.
Michael Lombardi, who held the position, left in September to join the $181 billion New York State Common Retirement Fund, Albany, said John Kuczwanski, FSBA communications manager. Details about his move was unavailable. Matthew Sweeney, spokesman for New York State Common, was unable to respond by press time.
FSBA has $11.6 billion of its $178.4 billion in total assets allocated to strategic investments, which include hedge funds, timberland and opportunistic strategies.
The senior portfolio manager oversees the manager selection process and manager relationships as well as assists in developing investment strategies. The position reports to Trent Webster, senior investment officer, strategic investments and private equity.
The job is posted on the FSBA’s website.
Applications are due by Oct. 31. FSBA expects to fill the position as soon as possible, Mr. Kuczwanski said.