Former Intel retirement exec joins Verus

Stuart Odell, Jr., former assistant treasurer and head of retirement investments at Intel Corporation, was hired as managing director and senior consultant at Verus’ San Francisco office. He brings 20 years of investment management experience to the Seattle-based consulting and OCIO provider. Most recently, he oversaw all aspects of investing more than $22 billion in U.S. and non-U.S. retirement plan assets at Intel. He led initiatives to improve plan diversification, which involved the construction of multi-asset portfolios that incorporated both traditional and alternative asset classes. Odell has also served as a trustee for the Federated Employees Retirement System in San Jose and as the chairman of the investment committee and vice chair of finance for Guide Dogs for the Blind, a Bay area non-profit. Currently he serves on the investment committee for the endowment of St. Ignatius College Preparatory in San Francisco. “Stuart managed every aspect of Intel’s investment program with great success,” said Verus CEO Jeff MacLean. “…He will bring that experience to help our clients navigate the many challenges and opportunities that face them. His perspectives will be invaluable to the corporate funds, government pension plans, non-profits and higher education institutions that are key sectors within Verus’ client base.” Verus advises on more than $431 billion in client assets. In California alone, Verus enjoys a number of relationships with public pension plans investing in alternatives including: Alameda County Employees' Retirement Association; San Mateo County Employees Retirement Association; Sacramento County Employees' Retirement System; Contra Costa County Employees' Retirement Association; Stanislaus County Employees' Retirement Association; Tulare County Employees Retirement Association; and Fresno County Employees' Retirement Association. “I’m really looking forward to joining the Verus team and working with and learning from an awesome group of experienced folks,” Odell said. “I’m also looking forward to working with multiple clients across the corporate, public and non-for-profit sectors, sharing some of my experiences in these areas and helping them to achieve their objectives.” According to officials, Verus continues to attract top talent to its offices. Odell’s hiring follows a recent senior hire of John Teramana, a seasoned investment consultant who specializes in Taft-Hartley trusts.

Former Intel retirement exec joins Verus

Pensions, VC firms lead the pack in funding low-carbon ag’s future

Former Bessemer CIO joins Bridgewater

Welcome to Alternatives Watch

Buck hires former AndCo exec for manager research

Hybrid VC Firm rolls out second cannabis fund

Finding the single source of truth in private equity data

CalPERS taps PE expertise from Alaska Permanent

QuadPay scores direct lending deals from Goldman Sachs, Oaktree

Blackstone PE arm sells Cheniere stake

Yale endowment returns 6.8%

Most hedge funds see inflows in August

Be an Alts Watcher

Subscribe to our mailing list and know first!

Executive search firm Jensen Partners hires head of Europe

WhiteHorse creates credit facility for Canadian tech company

Related Articles

Get our daily news digest in your inbox

Get our daily news digest
in your inbox