Elizabeth Caldas has joined the Rhode Island Department of Treasury as deputy chief investment officer, according to a newsletter from Rhode Island Treasurer James Diossa on Feb. 21.
“Elizabeth is a seasoned institutional investor with decades of experience in asset management and private equity, including work with the New York State and New York City Comptrollers, and the United Nations,” Diossa said in the newsletter.
Caldas succeeds Justin Maistrow, who was promoted to CIO in January, said a spokesperson for the Rhode Island Treasury.
The investment team at the Treasury is responsible for overseeing the state’s entire investment portfolio, including the $11.5 billion Rhode Island Employees' Retirement System, Providence.
According to her LinkedIn page, Caldas most recently was senior investment officer-credit and opportunistic for the New York state comptroller's office, which oversees the $273.4 billion New York State Common Retirement Fund, Albany. The comptroller's office could not be immediately reached for further details.
