The investment chief of the nation’s largest public pension expects to leave his post by the end of the year, the latest in a series of executive exits from the California Public Employees’ Retirement System. Ted Eliopoulos, 54 years old, made the surprise announcement at a public Calpers meeting Monday. The chief investment officer attributed the decision to “significant health considerations” for his younger daughter, who has been accepted to a school in New York. He and his wife plan to move to be close to that daughter.

Source: Wall Street Journal May 14, 2018 17:26 UTC