CalPERS names interim Chief Operating Investment Officer

Current COIO Wylie Tollette will depart in January 2018.

The California Public Employees’ Retirement System (CalPERS) announced the departure of its Chief Operating Investment Officer (COIO) Wylie Tollette effective 5 January 2018.

The $339.2 billion US public pension appointed its current Investment Director Matt Flynn as interim COIO. According to CalPERS’ press release, the search for a permanent COIO will begin immediately.

Tollette, who joined CalPERS in 2014, will return to Franklin Templeton Investments, where he previously served as Senior Vice President for Portfolio Analysis.

CalPERS has a 19.8% allocation to alternatives. Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.