CalSTRS announced the promotions of Geraldine Jimenez and Mike DiRe to two newly created senior investment director positions leading public markets and private markets, respectively.
The $302.1 billion California State Teachers' Retirement System, West Sacramento, named Ms. Jimenez as senior investment director of public markets and Mr. DiRe as senior investment director of private markets, a news release said Monday.
Both report to Scott Chan, deputy chief investment officer. Ms. Jimenez was previously CalSTRS' director of investment strategy and risk and is now senior leader over fixed income, global equity and risk-mitigating strategies. Mr. DiRe, previously director of real estate, is now senior leader over private equity, real estate and inflation-sensitive assets.
"Geraldine and Mike each have decades of institutional investing expertise and excellent track records of leadership at CalSTRS," Mr. Chan said in the news release. "That's a very valuable combination that will benefit our investments team as we continue to strengthen our organization to equip us for the future."
A CalSTRS spokesman could not be immediately reached for further information on their previous positions.