Washington, DC, September 26, 2014 – The Association of Asian American Investment Managers (AAAIM), a national non-profit dedicated to the advancement of Asian American & Pacific Islanders in the field of asset management, congratulates Ted Eliopoulos on his appointment as permanent CIO of the California Public Employees’ Retirement System (CalPERS).
“Ted Eliopoulos is a great friend and partner to myself, AAAIM and the AAPI investment community,” said Chris Chan, President of AAAIM. “Whether it’s to discuss the latest procedural or policy changes at CalPERS, meeting with constituents to ensure fair and open access to opportunities at CalPERS, or joining us at AAAIM events and functions to provide his valuable insights and network with leaders in the AAPI investment community, Ted and his team have demonstrated a sincere commitment towards advancing our common goals. I and AAAIM’s board are confident that Ted will carry on CalPERS’ commitment to inclusiveness and look forward to our future collaboration.”
Maeley Tom, AAAIM co-founder and former CalPERS board member, echoed similar sentiments in a statement released earlier today. “I can think of no one more deserving of this CIO appointment than Ted Eliopoulos, who I have had the honor and privilege of working with during my term on the CalPERS Board. A true test of Ted’s character, integrity, and investment acumen was demonstrated by his role in helping CalPERS regain its lead as the top performing pension fund among the 49 leading pension funds with portfolios over $10 billion. I look forward to seeing Ted’s continued success in this role”.
Ted Eliopoulos joined CalPERS in January 2007 and has served as interim chief investment officer at CalPERS since June 2013. He takes over the approximately $300 billion portfolio and management of a staff of nearly 400. To learn more about CalPERS please visit www.calpers.ca.gov.
Founded in 2006, AAAIM’s mission is to provide greater access and leadership mobility for Asian Americans in the world of investment management. Challenged with a lack of diverse leadership in the field, AAAIM advocates with institutional investors to hire qualified minority and women investment professionals and select minority owned fund managers. The organization’s goal is to help Asian Americans break through this ceiling and establish a successful pipeline for AAPIs to grow into the next generation of leaders that reflect a more inclusive economic society.
If you would like more information about this topic, please contact Chris Chan at 202-304-0408 or email at email@example.com.