Manager SelectionJanuary 3, 2024

CalPERS Interim CIO Dan Bienvenue Joins CAIA Board

Bienvenue’s 3-year term began January 1.

Reported by Matt Toledo

The Chartered Alternative Investment Analyst Association announced that the interim chief investment officer of the California Public Employees’ Retirement System, Dan Bienvenue, has begun a three-year term on the CAIA board of directors.

“I couldn’t be more personally pleased or professionally grateful to have Dan join the board,” said CAIA Association President John Bowman in a LinkedIn post. “His insights, counsel and character will be indispensable to CAIA Association future strategy.”

Those currently serving on the CAIA Association board are:

Dan Bienvenue, interim CIO, CalPERS;
Jayne Bok, head of Asia investments, WTW;
Greg Brown, professor of finance, University of North Carolina Kenan-Flagler;
Elizabeth Burton, managing director and client investment strategist, Goldman Sachs;
Anthony (Tony) Cowell, former partner, KPMG;
Graeme Griffiths, trustee, Aegon Master Trust;
William (Bill) J. Kelly, CEO, CAIA Association;
William Ma, CIO, Grow Investment Group;
Elena Manola-Bonthond, CIO, CERN Pension Fund;
Thomas (Tom) R. Robinson, president and CIO, Robinson Global Investment Management; and
Valerie J. Sill, president and CEO, Dupont Capital Management and chair of the board.

“Dan brings a unique and valuable perspective to our efforts, and we are very pleased to welcome him to the board,” said Valerie Sill, chair of the CAIA Association board of directors and president and CEO of Dupont Capital Management, in a press release. “Being able to draw on the insights and experience of the CIO for one of the world’s largest allocators makes us that much better positioned as we continue to work on shaping the industry on behalf of investors.”

Bienvenue has served as interim CIO of CalPERS since Nicole Musicco’s resignation in September. He has spent 20 years at CalPERS, most recently as deputy CIO and previously as managing investment director of global equity. He earned a bachelor’s degree from the University of California, Davis and is both a CFA and a CAIA charter holder.

“It’s an honor to join the board of directors at the CAIA Association, an organization whose mission closely aligns with my values, and with what we do at CalPERS. We are both devoted to transparency and integrity in investing, and focused on investment returns, while also doing right by the industry and world. I look forward to learning from the talented and diverse team of professionals at CAIA, as well as contributing to the cause in whatever way I can.” Bienvenue said in a statement provided to CIO.