Financial Services Industry
Industry: Email Alert RSS FeedLIFE AT CALPERS: Fortunately, Chief Investment Officer Daniel M. Szente loves the argument.(California Public Employees' Retirement System)(Interview)
Pensions & Investments, January, 2001 by Chernoff, Joel
Since July 1, Daniel M. Szente has been chief investment officer of the $170 billion California Public Employees' Retirement System, Sacramento. He had been executive president and director of research for McGlinn Capital Management Inc., Wyomissing, Pa. Previously, he managed a $1.8 billion stock portfolio for the Howard Hughes Medical Institute's endowment fund.
He also spent 16 years at the Ohio State Teachers' Retirement System, Columbus, where he was responsible for the fund's financial assets. P&I: You've had this diverse background in the public fund, endowment and money management arenas. Did all of that prepare you for your life at CalPERS? Mr. Szente: Nothing prepares you for life at CalPERS. I will say this: it gave me a pretty good leg up,...
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