Rhode Island Pension CIO Departs

Anne-Marie Fink is leaving the $8 billion Employees’ Retirement System of Rhode Island for a multi-family office.

CIO Anne-Marie FinkAnne-Marie FinkThe CIO of Employees’ Retirement System of Rhode Island is leaving after three years at the helm, the state treasurer’s office confirmed Monday.

Investment chief Anne-Marie Fink will step down to serve as CIO at Matheys Lane Capital Management, a local multi-family office with $849 million in assets under management. She initially came to the $7.5 billion pension fund in late 2012 following a lengthy career at JP Morgan.

Fink replaced Kenneth Goodreau, who left the retirement system after four years to join alternative investment firm TIG Advisors as CIO.

At the time of her hire, then-Treasurer Gina Raimondo called Fink a “successful finance professional” who would “work to manage the portfolio’s risk and volatility while producing steady returns in these turbulent financial times.”

Never miss a story — sign up for CIO newsletters to stay up-to-date on the latest institutional investment industry news.

The fund had returned 4.6% over the last three years as of April 30, 2016.

The current state treasurer, Seth Magaziner, said he wished Fink “all the best in her future endeavors.”

A spokesperson for the office said an interim CIO would be named soon.

Related: Rhode Island Pension Reform Mollified in New Deal

«