California State Teachers’ Retirement System
Before joining California State Teachers’ Retirement System in 2009, Carrie Lo was a portfolio manager at San Francisco–based quantitative hedge fund firm ACI. Now 36 and a portfolio manager in CalSTRS’ Innovation and Risk group, Lo — who has a BS in business administration from the University of California, Berkeley, and an MS in finance from the London Business School — is helping to head the $150 billion, Sacramento-based CalSTRS’ first foray into hedge funds. Its crosstown cousin, the California Public Employees’ Retirement System, started moving, albeit slowly, into hedge funds more than ten years ago. Now, aided by Lo’s guidance and analysis and starting with commitments to global macro managers, CalSTRS is proceeding as well. The system has begun rolling out its initial investments, having hired fund-of-funds firm Lyxor Asset Management last year to develop a separate account platform and act as an adviser.
| Hedge Fund Rising Stars | ||||||
| NAME | FIRM | |||||
| Rick Gerson | Falcon Edge Capital | |||||
| David Ben-Ur | Caxton Alternative Management LP | |||||
| Atwood 'Porter' Collins | Seawolf Capital | |||||
| Javier Dyer | Permal Group | |||||
| Adam Fisher | Commonwealth Opportunity Capital | |||||
| Grace Gu | BlackRock | |||||
| Jason Karp | Carlson Capital | |||||
| Akiva Katz | Bow Street | |||||
| Laurie Katz | GoldenTree Asset Management | |||||
| Ingrid Kiefer | Canyon Partners | |||||
| Simon Krinsky | Hall Capital Partners | |||||
| Drew McKnight | Fortress Investment Group | |||||
| Marina Mekhlis | Rocaton Investment Advisors | |||||
| Neil Messing | Bureau of Asset Management, New York City | |||||
| Gideon Nieuwoudt | Silver Creek Capital Management | |||||
| Ricky Nardis | UBS Alternative Investment Solutions | |||||
| Vinay Nair | Ada Investments | |||||
| Sean Murphy | Game Creek Capital | |||||
| Kimberly Mounts | MAP Alternative Asset Management Company | |||||
| Tony Waskiewicz | Sisters of Mercy Health Systems | |||||
| Andrew Tsai | Chalkstream Capital Group | |||||
| David Solomon | Goldman, Sachs & Co. | |||||
| Howard Shainker | Bow Street | |||||
| Danny Sachnowitz | Texas Treasury Safekeeping Trust | |||||
| Justin Press | BTIG | |||||
| Dean Curnutt | Macro Risk Advisors | |||||
| James Grossman | Pennsylvania Public School Employees' Retirement System | |||||
| Chris Paolino | Hartford Investment Management | |||||
| Mick McGuire | Marcato Capital Management | |||||