CalPERS chief operating investment officer Janine Guillot to step down later this summer

Audrey Dixon

LOS ANGELES , May 13, 2013 (Industry Intelligence Inc.) – The California Public Employees' Retirement System (CalPERS) will be looking to fill the shoes of its chief operating investment officer Janine Guillot, who is stepping down later this year, Pensions & Investments (P&I) reported on May 13.

Guillot announced her planned departure May 13 at a CalPERS investment committee meeting. She said in an interview she would be taking a break and reassessing her options after the summer, P&I reported.

A spokesperson for the US$258.3 billion pension fund said CalPERS would be looking at internal and external candidates to fill Guillot’s position, which includes responsibility for implementing CalPERS' public markets, real estate and alternative investment strategies.

Guillot, who also oversees CalPERS' corporate governance program and affiliate investment programs, joined the Sacramento-based fund in 2010 from Barclays Global Investors, where she served as COO and head of a US$450 billion global fixed-income business.

Before she leaves, Guillot is expected to play a major role in the investment committee's July off-site meeting, which will discuss efforts to put in place investment beliefs for CalPERS; Guillot is overseeing those efforts, P&I noted.

The primary source of this article is Pensions & Investments, New York, May 13, 2013.

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