By Arleen Jacobius
Source: Pensions & Investments

CalPERS CEO Marcie Frost said she is optimistic that the $483.3 billion pension fund will select a new chief investment officer in the first quarter.

The Chief Investment Officer Selection Subcommittee’s first round of interviews with potential candidates were scheduled to begin Jan. 17. Frost made the comment at the California Public Employees’ Retirement System’s Jan. 17 stakeholders meeting.

“I know I indicated that the first quarter is the best outcome (to select a CIO), and I’m still optimistic for this quarter,” Frost said.

Read the full article