CalPERS Begins it Search for its Next CIO

Posted on 10/23/2023


The California Public Employees Retirement System (CalPERS) hired global executive search firm Dore Partnership to serve as a consultant in the pension fund’s efforts to find its next chief investment officer (CIO).

“CalPERS is looking for a strong investor with broad experience, who is committed to our public service mission of ensuring the retirement benefits of 2 million people,” said CalPERS Chief Executive Officer Marcie Frost. “Dore Partnership is a proven partner, with a successful track record of putting the right people in the right spots all over the world.”

Dore Partnership is a global executive search firm that was founded in 1997 and has offices in New York and London. The firm made more than 900 placements in 20 countries and across 60 different cities.

CalPERS also posted the CIO position online in accordance with state employment procedures.

The CalPERS Board has formed a CIO search subcommittee that will work with the CEO on the recruitment and hiring efforts. Members of the subcommittee include President Taylor, State Controller Malia Cohen, Lisa Middleton, David Miller, and Mullissa Willette.

The new CIO will replace Nicole Musicco, who stepped down at the end of September 2023. CalPERS Deputy CIO Dan Bienvenue is serving as interim CIO.

Those interested in being considered for this position may email Dore Partnership through Catherine O’Connor at coconnor@dorepartnership.com.

Get News, People, and Transactions, Delivered to Your Inbox