Managing Investment Director,
Real Assets

Paul Mouchakkaa assumed the role as senior investment officer in March 2015.

Paul is responsible for implementation and management of investment strategy and policy for the Fund’s portfolio in real assets globally, including real estate, infrastructure and forestlands.

Prior to joining CalPERS, Paul was a managing director at Morgan Stanley and Head of Global Research and Strategy for the Morgan Stanley Real Estate Investing (MSREI) business since 2011. While at MSREI, he was a member of the senior leadership team who developed thematic strategies which served as the primary focus for property investing. In addition, he was a voting member of the Investment Committee, Operating Committee, and Valuation Committee and served a key role in representing the MSREI platform externally.

Before joining Morgan Stanley, he worked with Pension Consulting Alliance as a managing director, and with CalPERS as a portfolio manager for real estate. Paul received a bachelor's degree with highest honors in economics from Carleton University and a master's degree in finance from the University of Oregon.