Chief Investment Officer has named Colorado PERA Chief Investment Officer Amy McGarrity as a finalist for its 2018 Industry Innovation Awards. The nominees, who are recommended by their peers, are recognized as “the brightest and most forward-looking” investment leaders of public and corporate pensions, foundations, endowments, and other large institutional investors.
McGarrity has been PERA’s Chief Investment Officer (CIO) since March 2017. Previously, she was CIO of the Denver Public Schools Retirement System (DPSRS) and joined PERA in 2010 when the systems merged. She left PERA in 2016 to work for a private investment firm and returned in 2017 to oversee PERA’s $49 billion investment program.
“I’m delighted to learn of this nomination and honored to be named with investment colleagues around the country who I consider to be innovative leaders in the field,” McGarrity said.
Winners will be chosen and announced in December by the CIO editorial team in conjunction with an advisory board of former and current chief investment officers.
Public Defined Benefit Plan $15 Billion to $100 Billion Finalists
Amy McGarrity, Colorado Public Employees’ Retirement Association
Scott Davis, Indiana Public Retirement System
Johnathan Grabel, Los Angeles County Employees Retirement Association
Robert Maynard, Public Employees’ Retirement System of Idaho
John Skjervem, Oregon State Treasury
Tom Tull, Employees Retirement System of Texas
Congratulations and good luck, Amy!
Defined benefitAlso known as a pension, this is a type of pooled retirement plan in which the plan promises to pay a lifetime benefit to the employee at retirement. The plan manages investments on behalf of members, and the retirement benefit is based on factors such as age at retirement, years of employment and salary history.
