CalPERS: Strategic Hiring
CalPERS appointed a new private debt head to lead diversification of its $620bn portfolio, with plans to increase real estate debt exposure beyond current 10% level.
Source: Real Estate Capital USA
The leadership read
A hiring build-out like this points to deepening the sector executive bench strength over the coming quarters.
Market context: Backdrop: a 113.4 (Hot) Talent Market Index (up 13.7 on the month) with Americas activity easing (-3pts).
CalPERS: 1 signal in the last 90 days; 0.1% of MitchelLake's Americas signal flow.
MitchelLake in this thematic
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