Chief Investment Officer (CIO)
The ASRS is seeking a Chief Investment Officer (CIO) to drive its investment strategies and lead its Investment Management Division. Reporting to the Director, the CIO will direct the activities of the Investment Management Division to ensure top tier investment performance for the $40 billion fund. The fund has a current target asset allocation of 50% Public and Private Equities, 20% Private Credit, 20% Private Real Estate, and 10% US Public Fixed Income. Approximately 30% of the fund is managed internally in enhanced passive US equity and US fixed income strategies. The position will remain open until an extraordinary candidate who is a great organizational fit is determined.
Significant technical expertise in one or more of the following areas, and general knowledge in most of the remaining areas, is required: managing internal enhanced passive US equities; managing internal enhanced passive US fixed income; global equities; private credit; real estate; private equity; derivatives; securities lending; house views on asset classes; house views on tactical positioning; capital market returns; performance measurement; attribution analysis; and custody banking.
In addition to the technical skills, the successful candidate will have strong total fund management knowledge; speaking skills; writing and policy development skills; and be able to drive top tier investment performance; positively engage staff; and collegially integrate within the agency.
Appropriate degrees, designations, concentrations, qualifications include MBA, Finance, Economics, CFA, CAIA, University level teaching in Finance / Economics / Statistics or related field.