CalSTRS CFO Robin Madsen to retire

Madsen steps down after 9 years with the US public pension.

Robin Madsen, the CFO of the California State Teachers’ Retirement System (CalSTRS), is to retire on March 31, the pension fund announced today in a statement.

Madsen, the second CFO in the history of the $231.6 billion US public pension, joined CalSTRS in June 2009. According to the statement, during her tenure Madsen led efforts to modernize the pension’s accounting practices and to adopt new financial software.

CalSTRS has a 22 percent allocation to alternative investments. Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy, and fund investments.