NM PERA set to begin CIO search

The $16 billion New Mexico Public Employees’ Retirement Association (PERA) is preparing to search for a new chief investment officer as officials announced that Dominic Garcia will be stepping down on June 4.

He is pursuing a new professional opportunity, PERA officials added in an announcement earlier this month.“It has been a pleasure and honor to serve PERA for eight years, and the last four years as CIO,” said Garcia in a statement. “Together we achieved so much to ensure PERA has a sustainable and prosperous 21st century.”

The pension system returned more than . . .

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