Institutional Investors

Former CalPERS exec heads to Kuwait to take up post at Gulf Investment Corp

by

Russell Read
Russell Read is now deputy chief executive officer and chief investment officer of the $7.2 billion Gulf Investment Corporation (GIC) following a stint at a natural resources investment firm in the US.

In 2008, Read joined C Change Investments after being the chief investment officer for the California Public Employees’ Retirement System overseeing a staff of more than 200 professionals, including a number of new strategies and vehicles into the portfolio comprising its commodities, infrastructure, clean technology and forestry investment in addition to hedge funds.

Read, who has moved to Kuwait, has expertise