Public Sector Pension Investment Board chief investment officer Eduard van Gelderen is leaving the $265-billion fund after six years in the job.
Mr. van Gelderen joined PSP as CIO in 2018, coming from the University of California, where he was a senior managing director in the CIO’s office. The Dutch-educated executive also held senior roles at APG Asset Management and at ING Investment Management. Over Mr. van Gelderen’s tenure, PSP beat the internal benchmark it uses to measure its investment performance: its average annual return over the past five years was 7.9 per cent, compared with a benchmark gain of 5.3 per cent.
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