February 20, 2014

External Affairs Branch
(916) 795-3991
Robert Udall Glazier, Deputy Executive Officer
Brad Pacheco, Chief, Office of Public Affairs
Contact: Joe DeAnda, Information Officer


SACRAMENTO, CA - The California Public Employees' Retirement System (CalPERS) has named Dan Bienvenue the Senior Investment Officer (SIO) for Global Equity, effective immediately. Bienvenue had been serving as the Acting SIO for Global Equity since June 2013 after Eric Baggesen took another leadership position within the CalPERS Investment Office.

"Dan is a talented team player, and has proven he has the knowledge and experience to guide our Global Equity portfolio," said Ted Eliopoulos, Acting CalPERS Chief Investment Officer. "We're glad to have him permanently as SIO and look forward to continuing working with him."

Dan Bienvenue joined CalPERS in 2004 after serving as a Principal and Senior Portfolio Manager with Barclays Global Investors, leading an international equity portfolio management team responsible for $55 billion across developed and emerging markets. He was named Senior Portfolio Manager for Global Equity at CalPERS in 2008. In that role, he was responsible for implementing and directing CalPERS internally managed equity portfolios.

As SIO for Global Equity, Bienvenue is responsible for implementation and management of investment strategy and policy for the pension fund's $141.8 billion portfolio in publicly traded equity investments worldwide.

Bienvenue holds a bachelor's degree in economics from the University of California, Davis and is a Chartered Financial Analyst.

CalPERS is the largest public pension fund in the U.S., with more than $283.8 billion in assets. CalPERS administers health and retirement benefits on behalf of 3,064 public school, local agency and state employers. There are more than 1.6 million members in the CalPERS retirement system and more than 1.3 million in its health plans. For more information about CalPERS, visit www.calpers.ca.gov.