The Pennsylvania State Employees’ Retirement System, Harrisburg, has promoted Jeffrey Burton as portfolio manager, Pensions & Investments reports. In the new role, he will work under Lauren Lenfest, managing director of alternative investments.

Burton will also serve as a director in alternatives. Previously, Burton was an associate portfolio manager at the $26 billion retirement scheme, which is not planning to appoint a replacement.

Click here for the story from Pensions & Investments.