Shahinian Named to Run CalPERS' Alt. Investment Shop
CalPERS chief investment officer Mark Anson said
Shahinian replaces Rick Hayes who left to become a
managing partner of Oak Hill Capital Management. In his
new post, Shahinian will manage a globally diversified
portfolio of private equity investments representing
approximately $20 billion of committed capital for the
$162-billion fund.
In a news release
announcement
, Anson said Shahinian will also oversee CalPERS private
equity investment team and external advisors to ensure
that the fund’s investment strategies, policies and new
initiatives are executed effectively. Shahinian will
report to Anson.
Shahinian joined CalPERS in August 1998 after he
previously co-managed a $1.5 billion fixed income
portfolio for Sacramento-based Foundation Health Systems
and served as a Senior Credit Analyst for Sacramento
Commercial Bank where he focused on small to mid-size
company financings. Shahinian earned a Bachelor of
Science degree in Finance from California State
University, Sacramento.