Daniel Gallagher was named chief investment officer of the Ventura County (Calif.) Employees’ Retirement Association, said Linda Webb, retirement administrator.
The $4.4 billion pension fund does not currently have a chief investment officer. Mr. Gallagher is expected to start on or about May 1 and will report to the pension fund’s board of trustees.
Previously, Mr. Gallagher was the chief investment officer of the $13.9 billion Los Angeles City Employees’ Retirement System. He retired from the role in 2010 and has been consulting part time since then, said an announcement from the pension fund.
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