PennSERS Alt Investment Head To Exit

Pennsylvania State Employees’ Retirement System (PennSERS) director of alternative investments, Bruce Feldman,isstepping down from his role, Pensions & Investments reports. PennSERS is seeking a replacement and expects to appoint a successor prior to Feldman’s departure, which is likely to be on June 17, 2011.

The search is being performed internally without the assistance of an executive recruiting firm. Feldman has been serving as director of alternative investments since 2000 and with PennSERS since 1991.

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