Joseph Dear, who led a $96 billion post-recession recovery as chief investment officer of the California Public Employees’ Retirement System, has given up some duties as he fights prostate cancer, the fund said.
Joseph Dear, chief investment officer of California Public Employees’ Retirement System, the largest U.S. public pension plan, is taking leave to continue personal health treatments.
JPMorgan Chase & Co. and Jefferson County, Alabama, were sued by insurer Syncora Guarantee Inc. in an attempt to recover more than $400 million tied to billions of dollars in sewer-bond debt.
"These awards are part of the overall compensation we provide to recruit and retain skilled investment professionals needed to ensure success of the fund."
- Brad Pacheco on Nov 24, 2014