California Public Employees' Retirement System said late Wednesday Yu Ben Meng resigned as its chief investment officer and Dan Bienvenue, deputy chief investment officer, will become interim CIO.
The nation's largest public pension fund, which manages pension and health benefits for more than 1.6 million California public employees, retirees and their families, said in a statement it will begin an immediate search for a permanent successor.The statement did not disclose a reason for Meng's departure and CalPERS declined to comment when contacted by Reuters.A U.S.
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