People Moves

Wischmeier joins North Carolina Retirement Systems as chief investment officer

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Shawn Wischmeier has joined the Department of State Treasurer as the new chief investment officer for the $68 billion North Carolina Retirement Systems.

Former North Carolina CIO Patricia Gerrick left the fund last September.

Wischmeier had been chief investment officer for the Indiana Public Employees' Retirement Fund since 2006, where he brought the plan from fourth to first quartile investment performance in less than four years. Also at Indiana PERF, his tenure was marked by the entry into the hedge fund space as the hedge fund programme was slated earlier this year to